U.S. Senate Committee on Finance

03/12/2026 | Press release | Distributed by Public on 03/12/2026 11:13

Wyden Statement on Trump Trade Investigations

March 12,2026

Wyden Statement on Trump Trade Investigations

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement in response to the Office of the U.S. Trade Representative announcing investigations into potential issues of overcapacity and overproduction in numerous industries in 16 countries.

"Donald Trump is scrambling to replace his illegal trade taxes with a different tariff scheme to hike prices for Americans. Trump isn't interested in solving real trade problems or stopping China and other trade cheats from undercutting U.S. workers and businesses. He's trying to put his tariffs back in place any way he can," Wyden said. "Families are already struggling to afford sky-high gas prices, thanks to Trump's reckless war in Iran, and Republicans are hell-bent on raising the cost of living even further."

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