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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after China announced raising tariffs on $60 billion in U.S. goods: 

            “Today’s announcement by China is a dangerous consequence of this Administration’s inability to reach a trade deal and bring stability to our small businesses. If China’s tariffs are enacted, small businesses in farming, manufacturing and countless other industries will be the ones to foot the bill. Make no mistake, this is unnecessary pain to our communities.

“That’s why under my leadership, the Committee will continue to shed light on the dangerous consequences of this ongoing trade war to America’s small business sector. Our Main Streets deserve policies that promote economic growth and security, not higher prices and fewer customers.” 

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