HARSHBARGER: President Trump is Proving Nay Sayers Wrong AGAIN

WASHINGTON, D.C. – Congresswoman Diana Harshbarger (TN-01) issued the following statement applauding President Donald J. Trump for securing two groundbreaking trade agreements with Indonesia and Japan yesterday: 

“President Trump just delivered two major trade victories for America. While Democrats have been sowing discord crying about economic disaster, President Trump was doing what he does best, negotiating from strength and putting America first. These deals with Japan and Indonesia are just the beginning of America’s comeback to supercharge our economy and create new jobs. From farmers and cattle producers to auto suppliers and manufacturers, this is the kind of bold, America-first policy that makes a real difference in places like East Tennessee.” – Congresswoman Harshbarger

BACKGROUND:

Under these agreements, Indonesia will eliminate 99% of its tariffs on American industrial, tech, and agricultural goods, while Japan is investing $550 billion into the U.S. economy, creating hundreds of thousands of jobs. American-made cars, trucks, rice, beef, critical minerals, and energy will now compete on a level playing field in Indonesia and Japan.

 Tennessee’s First Congressional District is uniquely positioned to benefit from these historic agreements. With a strong base of advanced manufacturing, agricultural production, and exports, the region is now better positioned to reach high-demand markets abroad. Local manufacturers will see new opportunities to export auto parts and precision equipment as barriers come down in Indonesia’s rapidly growing economy.

At the same time, Northeast Tennessee’s agriculture industry will gain access to tens of millions of new consumers in both Japan and Indonesia thanks to reduced tariffs and expanded agricultural quotas. Japan’s $550 billion investment in the U.S. and Indonesia’s new mineral supply agreements also means long-term growth for Tennessee’s industrial sector and supply chains.