Senate Finance CommitteeVerified account

Hatch: American and global prosperity through free trade and open markets is a project that has spanned my entire life and I don’t intend to see that project abandoned.

Hatch: China is the biggest external threat to the U.S.-lead intern'l free trade system. China is not a market economy—its largest economic actors are controlled by the Communist party. But China is not our only challenge. American innovation is being targeted around the globe.

Hatch: While China’s leaders and America’s protectionists have different motives, they have the same ultimate goal: American retreat from open markets and global economic leadership.

Hatch: Chinese companies don’t pay U.S. tariffs. Rather, American companies and American consumers get the bill. That is a tax hike, pure and simple.