WASHINGTON, Aug. 6 -- Sen. Ron Wyden, D-Oregon, ranking member of the Senate Finance Committee, released the following opening statement from a July 22, 2026, hearing entitled "The President's 2026 Trade Policy Agenda":

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Donald Trump's trade agenda is dominated by big promises. First, he promised lower costs. Second, he promised to be tough on China. Third, he promised to open up new markets for American farmers and small businesses.