This resolution calls on the United States Congress to evaluate the effectiveness of the national emergency declared on April 2, 2025, under the International Emergency Economic Powers Act (IEEPA), which imposed a 10 percent base tariff on all foreign goods entering the U.S., along with higher tariffs on specific trading partners. The resolution highlights the negative impact of these tariffs on low-income American households, leading to increased prices for essential goods such as food, clothing, and electronics. It also notes that New Hampshire residents and businesses have faced higher living and operating costs due to these tariffs, particularly as Canada is a significant trading partner for the state.
Furthermore, the resolution emphasizes the importance of international trade to New Hampshire's economy, with over 100,000 jobs linked to it. It points out that tariffs on imports from Canada have raised costs for various goods, including gas and fresh produce, which directly affects residents' quality of life. The resolution concludes by urging Congress to assess both the current and past tariff policies and mandates that copies of the resolution be sent to key government officials, including the President and members of the New Hampshire congressional delegation.