Video & Transcript DataContr Research : 'tariffs'

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US

Us Congress 2025-2026 Regular Session

Hearings to examine the President's 2025 trade policy agenda. Apr 8th, 2025 at 09:00 am

Senate Finance Committee

Transcript Highlights:
  • Tariffs can advance American interests in market access.
  • Tariffs can advance American interests in market access.
  • We should think about tariff impacts and ask questions.
  • Asked if the tariffs were up for negotiation, the Commerce Secretary said Sunday the tariffs are coming
  • The tariffs are coming.
Summary: The meeting focused on various significant topics concerning the recent tariff policies and their wide-ranging implications on the American economy. Members expressed their concerns regarding the negative impact of increased tariffs as proposed by the Trump administration, with specific emphasis on how families might suffer from higher costs and market access issues. The discussion was lively, with members questioning the clarity of the tariff plan and raising concerns about its potential effects on small businesses and American exports.
US
Transcript Highlights:
  • Furthermore, while the President has imposed tariffs designed
  • "1392">As expected, key trading partners for U.S. agricultural exports have announced retaliatory tariffs
  • following President Trump's tariff rollout last week, and that's a huge headwind that is already here
Summary: The meeting focused on the nominations of Judge Stephen Alexander Vaden for Deputy Secretary of Agriculture and Mr. Tyler Clarkson for General Counsel at the USDA. Members expressed concerns regarding the challenges farmers and ranchers face, especially in navigating the impacts of recent tariffs imposed by the President. Significant attention was given to how these nominations could influence agriculture policy and support rural communities amidst economic uncertainty. The committee emphasized the necessity for strong leadership in the USDA to advocate for farmer needs and ensure the proper implementation of assistance programs.
US
Summary: The meeting convened to consider the nomination of Mike Falkender for the position of Deputy Secretary of the Treasury. During the session, multiple members voiced concerns regarding current economic policies under the Trump administration, particularly around inflation, tariffs, and the impact on small businesses. Discussions frequently centered on the administration's approach to tariffs and taxation, and how these factors contribute to the rising cost of living and potential job losses. Additionally, the importance of bolstering government-to-government relationships with tribal nations was emphasized, highlighting the need for specialized offices focused on tribal affairs within the Treasury Department.
TX

Texas 2025 - 89th Regular

S/C on International Relations Apr 14th, 2025 at 10:04 am

House S/C on International Relations

Transcript Highlights:
  • data-time="90"> The August 2023 report states that if the agreement were to be terminated, a 17% tariff
Bills: HCR108, HCR127
Summary: The committee meeting focused on two significant resolutions: HCR108 and HCR127. HCR108 urges the U.S. Department of Commerce to maintain the tomato suspension agreement, which has been pivotal for Texas's economy and food security since its inception in 1996. Numerous stakeholders, including county commissioners and mayors, testified on the agreement's importance, claiming that its termination could jeopardize over 30,000 jobs and lead to a $4.5 billion loss in the Texas economy. The tomatoes imported under this agreement are crucial not only for fresh produce availability but also for maintaining a stable market for local farmers and businesses. The chair acknowledged the testimony and discussed the economic ramifications of potential changes to trade policies, insisting on the need for support to continue the current agreement.
US
Transcript Highlights:
  • If you went back a couple of months and handed Donald Trump a clean slate, and he announced a 125% tariff
  • on imports from China, a 25% tariff on Canada and Mexico, a 10% global tariff, and additional tariffs
  • If you went back a couple of months and handed Donald Trump a clean slate, and he announced a 125% tariff
  • on imports from China, a 25% tariff on Canada and Mexico, a 10% global tariff, and additional tariffs
  • It's possible the reason they can't give a straight answer is these tariffs aren't designed to solve
Summary: The committee convened to discuss various bills and nominees, including the critical nominations of William Kimmett for Undersecretary of Commerce for International Trade and Ken Keyes for Assistant Secretary for Tax Policy at the Treasury Department. Discussions highlighted the nominees' roles in managing critical trade and tax policies amidst rising economic concerns, particularly focusing on inflation and its impact on American families. Members expressed both support and skepticism, emphasizing the significance of fostering fair trade practices and ensuring tax policies that benefit the middle-class amidst claims of an agenda favoring affluent individuals and corporations.
US

Us Congress 2025-2026 Regular Session

Hearings to examine certain pending nominations. Apr 29th, 2025 at 08:30 am

Senate Armed Services Subcommittee on Personnel

Transcript Highlights:
  • have a definite impact on the defense industrial base, and if they're matched by reciprocal tariffs,
  • I understand that the purpose of the tariffs is part of a
  • ...tariffs on the aerospace industry.
  • ...tariffs.
  • Where does that start, and what are we seeing as a result of these tariffs over time?
Summary: The meeting of the committee revolved around critical discussions on enhancing the defense industrial base, focusing on small business engagement and the importance of streamlined processes in defense contracting. There was a significant emphasis on the need for more investment in the defense manufacturing sector, particularly in the face of competition from countries like China. Some members expressed frustration over the treatment of small businesses, citing barriers that prevent these innovative companies from effectively participating in defense contracts. The need for a workforce capable of meeting the common challenges posed by evolving technologies and geopolitical threats was also highlighted throughout the meeting.
US
Transcript Highlights:
  • tackling today's challenges head-on, whether they are avian flu, input costs, or these potential tariffs
  • The recent proposal to implement sweeping tariffs on Canada and Mexico, even if delayed 30 days, has
  • marker="127" data-time="1512">Our farmers, and our state in particular, stand to suffer from these tariffs
  • 1536"> On top of that, almost two weeks ago, the President announced new plans to develop reciprocal tariffs
  • often bears the brunt of retaliatory tariffs, and this puts more markets in jeopardy as farmers try
Summary: The committee meeting focused on crucial discussions surrounding the challenges faced by the agriculture sector, particularly concerning avian flu and its impact on poultry and dairy producers. Members provided insights into the economic struggles within the industry, emphasizing the need for a new bipartisan farm bill that addresses the diverse needs of specialty crop and livestock producers. Witnesses from various agricultural sectors spoke about their experiences, illustrating the high costs, regulatory burdens, and emerging diseases that threaten their operations. The meeting underscored a commitment to exploring solutions that will help maintain market stability and ensure food security.
US
Transcript Highlights:
  • Pettit, I understand where the President's coming from on tariffs, don't you?
  • Tell me what the short-term effects of these tariffs are.
  • Pettit, talk to me about these tariffs. You know we have currently imposed tariffs on Canada.
  • of these tariffs in the long run is to help incentivize more manufacturing here in the United States
  • And I think when we look at tariffs, it just shocks

Summary: The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.
US
Transcript Highlights:
  • and don't have the sophisticated supply chain management skill to navigate this complex and onerous tariff
  • These tariffs will raise prices in the midst of a cost-of-living crisis and lower growth.
  • I ask what good is no tax on tips if restaurant margins are erased by tariffs, and they are forced to
  • I call on them to reclaim tariff powers along with the power of the purse and return them to Congress
  • days in this administration has only delivered pain for Main Street across America since Trump's tariff
Summary: In this joint hearing of the House Committee on Small Business and the Senate Committee on Small Business and Entrepreneurship, the primary focus was on the importance of making the Tax Cuts and Jobs Act of 2017 (TCJA) permanent. The chair emphasized that small businesses are crucial for the nation's economic recovery, especially in the wake of current federal policies perceived as detrimental. Witnesses shared their experiences and highlighted how the tax cuts facilitated job creation and business expansion, stressing the need for continued support through ongoing tax relief measures. The meeting included discussions about the economic implications of the TCJA's potential expiration, with members voicing their concerns regarding how this could impact small businesses and the broader economy.
US
Transcript Highlights:
  • ="57" data-time="672">Money is teetering because President Trump indiscriminately slapped massive tariffs
  • Trump's tariffs aren't strategic, they are not carefully designed
  • data-time="720">We have jurisdiction over key aspects of the law that President Trump is using to impose tariffs
  • data-time="744">Republicans should also join Democrats to pass a resolution to turn off these remaining tariffs
  • " data-time="768"> Stop the power of Donald Trump to continue to play red light, green light with tariffs
Summary: The meeting involved significant discussions around key legislative proposals, primarily focusing on various bills such as HB2 and SB5. The committee examined the implications of these bills on issues like housing affordability and financial regulation. Notable members engaged in debates, providing differing perspectives on the potential economic impacts of the proposed bills. The meeting witnessed public testimony, which included a call for accountability in government actions and oversight of current financial policies. Members echoed concerns about following through on commitments to address critical issues affecting everyday Americans.
US

Us Congress 2025-2026 Regular Session

Hearings to examine insurance markets and the role of mitigation policies. May 1st, 2025 at 09:00 am

Senate Banking, Housing, and Urban Affairs Committee

Transcript Highlights:
  • Let's start with his chaotic and damaging tariffs.
  • These tariffs will make just about everything needed to rebuild and repair houses more expensive.
  • I think the tariffs are making this problem much worse.
  • But the tariff impact doesn't stop there.
  • Today, those tariffs...
Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.
TX

Texas 2025 - 89th Regular

89th Legislative Session May 10th, 2025 at 09:05 am

Texas House Floor Meeting

Summary: During the meeting, the committee addressed several significant bills, including HB5676, HB5679, and HB5688. The chair recognized representatives to explain each bill, leading to discussions about their implications and the necessity for their passage. Notably, HB5676 was passed without objection, while further discussions highlighted the strategic importance of addressing local infrastructure and development needs, as exemplified by HB5688, which provides for the reimbursement of certain housing development infrastructure costs. The meeting concluded with the passing of several bills aimed at improving community resources and governance efficiency.
US
Transcript Highlights:
  • If confirmed, I will have tough conversations on tariffs and reducing our trade deficit with Japan.
  • But, excuse me for interrupting, isn't it true that Canada has one of the lowest tariff regimes of any
  • That when you increase tariffs across the board on

  • The tariffs put that in place?
  • potential trade war inspired by tariffs that might

Summary: The meeting of the committee focused on critical discussions concerning U.S. foreign policy, particularly relationships with Mexico and Japan. Notable attention was given to border security, trade agreements, and implications of drug trafficking. Ambassadorial nominees discussed their strategies to strengthen ties with these nations, emphasizing the importance of cooperation in addressing mutual challenges, particularly concerning security and trade. The committee engaged in extensive dialogue, highlighting the urgency of improving intergovernmental communications to deter drug trafficking and support democratic governance.
US

Us Congress 2025-2026 Regular Session

Business meeting to consider certain pending nominations. Apr 29th, 2025 at 09:00 am

Senate Finance Committee

Transcript Highlights:
  • President Trump may roll back certain tariffs affecting

  • No temporary pause on tariff changes.

  • data-time="1320"> Donald Trump has pushed the Commerce Department front and center to the trade and tariff
Summary: This meeting of the committee was centered around the consideration of nominations for two key positions: William Kimmett as Undersecretary of Commerce for International Trade and Kenneth Keyes as Assistant Secretary for Tax Policy at the Treasury Department. Members were given the opportunity to provide remarks on the nominees, with discussions revealing contrasting views on their potential impact on U.S. economic policy. While some members expressed support for the nominees, highlighting their qualifications and expertise, others voiced strong opposition, arguing that their confirmation would further a harmful economic agenda that favors billionaires over average Americans. Senator Wyden, the ranking member, emphasized concerns about trade chaos and the detrimental effects on workers and businesses across the country.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 16th, 2025 at 08:04 am

House Natural Resources Committee

Transcript Highlights:
  • ...allowing these utilities to implement tariffs designed
  • Commission (PUC), requiring that Drought Contingency Plans (DCPs) must be included as part of the IOU's tariff
  • our water management framework by integrating essential drought management strategies into utility tariffs
  • The one thing they clearly have the authority to do under current law is to enforce their tariffs, which
  • They already have to include them in their PUC tariff.
Summary: The meeting of the committee involved extensive discussions on multiple bills related to water management and resources in Texas, particularly emphasizing the importance of legislative measures to enhance the conservation and management of groundwater resources. Representative Romero laid out HB4530, which aims to expand the Texas Water Trust to include groundwater rights, enabling voluntary dedication for conservation and addressing the regulatory gaps that currently exist. The bill received support as it seeks to clarify the processes for groundwater donations, thus promoting effective water management strategies across the state.
TX
Transcript Highlights:
  • problem by clarifying the statutory authority of IOUs to implement their DCPs as part of their approved tariffs
  • authorizing administrative action to compel an IOU to comply with the approved DCP provisions in its tariff
  • The one thing that investor-owned utilities have the ability to enforce is their tariffs, which are their
  • data-time="1710"> A fine structure, but from what I understand, it's very difficult to amend your tariff
Summary: During this meeting, the committee had a thorough discussion centered around various Senate Bills primarily related to groundwater management and water utility regulations. Notably, Senate Bill 2661, introduced amendments to enhance penalties for over-pumping water, highlighting the growing concern over depleting aquifers and ensuring compliance with existing water use regulations. Multiple senators voiced their opinions regarding the necessity of tougher penalties and the implications for both water users and conservation methods. Public testimony was heard, with some arguing against the proposed penalties, stating they could unfairly burden farmers and landowners.
US
Transcript Highlights:
  • He saw markets disappear right under our noses, and yet he still believes in this tariff-first approach
  • Falkender and the Treasury Department recognize the terrible damage that tariffs are doing, I'm a no
  • Now, on these tariffs that my colleague spoke about

  • rest, cannot change the tariffs that President Trump is imposing.
  • We have these punitive tariffs that make no sense,

Summary: The committee convened to discuss critical issues surrounding the nomination of Michael Falkender for the position of Deputy Secretary of the Treasury. This meeting included a series of remarks from committee members who expressed divergent views on Falkender's qualifications and the implications of his appointment. Senator Wyden voiced strong opposition, arguing that Falkender represents harmful policies expected to be perpetuated under the current administration, especially concerning taxpayer privacy and IRS tactics. Meanwhile, other members defended Falkender, noting his extensive experience, including a commitment to transparency in government operations if confirmed.
US
Transcript Highlights:
  • There is a perfect storm going on right now with the tariffs
  • , which I oppose, the proposed tariffs, input costs, and weather conditions that are beyond our control—whether
  • data-time="1392"> Farmers are losing critical domestic markets at the same time when retaliatory tariffs
  • President Trump pushes for the largest peacetime tax increase in modern U.S. history through sweeping tariffs
  • As the tariffs take effect and the cost of groceries rise...
Bills: SB222
Summary: This meeting of the committee focused primarily on the Whole Milk for Healthy Kids Act, S222, which aims to permit schools to offer a fuller range of milk options, including whole, reduced, and low-fat varieties, that have garnered bipartisan support. Chairman Bozeman opened the session by highlighting concerns over children's nutrition and the obesity epidemic, emphasizing the significance of nutritious school meals in addressing these issues. Experts from various organizations were invited to discuss the implications of this bill as well as the current challenges facing school meal programs, including budget constraints and food supply issues. The meeting included passionate testimonies about the direct impacts of current dietary guidelines and federal funding reductions affecting schools' abilities to provide healthy meal options.
TX
Transcript Highlights:
  • > The Trump administration recently announced some new tariffs
  • What is his plan regarding this new Trump administration issue of tariffs?
Summary: The meeting was convened to announce the formation of the Texas Legislative U.K. Caucus, aimed at strengthening the relationship between Texas and the United Kingdom. Representative Claudia Ordaz and other legislators discussed the historical significance of this relationship and its implications for trade, cultural exchange, and innovation. The formation of this caucus is seen as a vital step towards promoting Texas interests abroad and enhancing bilateral policy discussions on key economic sectors such as energy, technology, and healthcare. Talks included plans for establishing a Texas trade office in the U.K., inspired by successful models with Texas and Taiwan.
TX

Texas 2025 - 89th Regular

Finance May 7th, 2025

Senate Finance Committee

Transcript Highlights:
  • And then add in tariffs to that.

    So... OK, now.

  • There was a question about, a comment about tariffs

  • Susceptible businesses to tariffs that we have at this point
  • Yeah, again, I do know that the tariffs are affecting most projects, sourcing in general, because it's
Bills: HB3077, HJR2, HJR7
Summary: The meeting focused on HJR7, with substantial discussions surrounding Texas' dire water infrastructure needs and proposed funding allocations. The committee, led by Chairman Perry, emphasized the necessity for a dedicated funding source to address an estimated $154 billion required for both water supply projects and repairing aging infrastructure. Witnesses, including executives from various engineering and environmental organizations, testified about the critical state of Texas' water systems and the anticipated shortfall of 6.8 million acre-feet of water annually by 2070. Testimony highlighted the urgency of implementing strategies such as desalination and flood mitigation to secure Texas' future water resources.

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