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“Another positive jobs report shows that the U.S. economy clearly had room to grow and that the Tax Cuts and Jobs Act was essential to sparking that growth. I am hopeful this momentum will be sustained despite the Administration’s new tariffs and the retaliation incurred, which make purchases more expensive for American families and threaten our newly rediscovered potential for robust economic growth. I will continue to advocate for the President to lower trade barriers so our manufacturers can hire here at home and thrive across the globe.”

WASHINGTON--In response to the Federal Open Market Committee's announcement of a planned interest rate increase, Chairman Erik Paulsen, R-Minn., said:

"With our economy growing strong thanks to measures like the Tax Cuts and Jobs Act and regulatory reform, I’m glad to see the Federal Reserve taking careful steps to maintain our economic momentum."

"Not only has unemployment dropped to the lowest rate in 18 years, people in the private sector are finally earning more. With nearly one million jobs created since tax reform, we are seeing the positive results of strong economic policy-which is exactly why we should not risk harmful tariffs that can undermine this growth."

Joint Economic Committee Chairman Erik Paulsen, R-Minn., released the following statement regarding the Administration’s announcement imposing tariffs on imports of steel and aluminum on Canada, Mexico, and the European Union:

“These tariffs threaten American jobs, our manufacturers’ access to materials across the border, and will result in increased consumer prices. Our nation has prospered in large part because of free trade, and yet this action threatens our own economy and our greatest allies. I urge the Administration to avoid hurting our ability to manufacture and sell American goods and defend our workers."

“While China must address its failure to protect U.S. intellectual property, these tariffs are not an effective response because it will harm American jobs and consumers. Our economy is seeing measurable gains thanks to pro-growth policies like the Tax Cuts & Jobs Act. GDP has grown an average of 2.5% over the past five quarters, unemployment is at its lowest rate since December of 2000, and everywhere we are hearing positive stories from businesses large and small. Placing tariffs on medical devices and consumers electronics threaten these gains.”