mr. bolten, you represent the white house and the titans in the industry. has anyone articulated to you the strategy behind using 232 in such a broad way against our allies? >> they have not, mr. chairman. and that is why we are concerned. i mean, from the positions i've served in, i understand the politics. i understand the need that leaders have of living up to commitments they make in campaign rhetoric. but what the administration has pursued here under 232 and in 301 with china has us deeply concerned because there does not appear to be any strategy behind it that is designed to produce an outcome other than just tariffs. and what we would -- what we are strongly encouraging the administration and are very glad to see many members of congress encouraging the administration is develop a strategy that can produce success. and success in this case means getting the international community aligned to put pressure on china to reform their trade policies and practices. >> you're right. senator young. >> it's a great segway, mr. chairman, because i'm going to c

mr. bolten, in your testimony, you referenced a indiana-based manufacturer, cummings, inc., and you note that they, on account of what you characterize as an escalating trade war, must now pay a 25% tariff on manufacturing components it imports from china for use in u.s. production. you go on to note that the company's absorbing a 25% u.s. tariff on finished products that it manufactures in china for sale to off highway equipment manufacturers in the united states and if they were to pass this tariff-related cost increase to its off-highway customers, it would lose vital sales in the market to european and asian competitors so that brings it right close to home for the people i represent. mr. bolten, earlier this year, i introduced, along with various other senators on both sides of the aisle, some legislation i mentioned in our first panel, the bipartisan national economic security strategy act of 2018. that's 2757. it will create a statutory requirement for not just this administration but for future administrations to periodically produce and submit to congress a national economic sec

mr. bolten statement, which i thought laid out simplistically what needs to be done. i will start with china, if i might. the way you laid out china's trade practices, i think every member of this committee would agree. i think just about every member of congress would agree, that we want to see a change in china's trade policies. we you start off by saying, need to detail how their current practices must change with a realistic timeframe for being able to achieve that. do we have a detailed -- oftanding of what where this administration would like to see us end up with china, and the timeframe to achieve that? has that been shared with either of you? >> it has not. are here speaking out about it. we have tried to have a dialogue with the administration, and by the way, the administration has been very receptive when our business community comes in to express concerns, and have always given us a good hearing. we feel like we have had a good hearing on the street issues, but have not broken through on the risks being posed by the way the administration is going about i