GOP chairman urges Trump to change direction on tariffs

GOP chairman urges Trump to change direction on tariffs

GOP chairman urges Trump to change direction on tariffs

"I will immediately draft and introduce legislation to nullify these tariffs, and I urge my colleagues to pass it before this exercise in protectionism inflicts any more damage on the economy", Flake said in a statement.

Ryan added in a separate statement that he is anxious Trump's decision will have "unintended consequences". However, even if these limited moves do set off a trade war, it is possible that the Republican Party could be fractured just in time for the midterm elections.

"The tariffs on steel and aluminum risk undermining these positive economic developments by increasing input costs to American manufacturing and steel-dependent industries employing more than 17 million workers", he said.

Congressional Republicans are anxious that Trump's trade policy will mitigate any economic benefits from their 2017 tax cuts, particularly in a midterm election year when Republicans want to run on a platform of economic success.

"We're going to open this up for our allies to just see if we can work through this problem", White House Trade Adviser Peter Navarro told Fox Business Network on Wednesday night.

Trump, who announced his decision surrounded by steelworkers, said he was fulfilling a campaign promise.

The Trade Partnership, a consulting firm, said the tariffs would increase USA employment in the steel and aluminum sector by about 33,000 jobs but would cost 179,000 jobs in the rest of the economy. Now efforts are aimed at narrowing the scope of the tariffs, focusing them more closely on "bad actors" such as China.

"The traditional American court jurisprudence is that you've got to give deference to an American president's interpretation of national security", Warner said.

"We think it's easier to break it into pieces", he said. But he added, "This has the potential to throw the NAFTA talks off track". Indeed, he said, Canada is probably already drawing up lists of USA products to tax in retaliation.

"I'm not even - I haven't put a second of thought into this", Ryan said, a look of frustration visible on his face. "It's the wrong way to incentivize the creation of a new & modern #NAFTA". "There are some people who are talking about that, but the last thing we want to do is pass historic tax relief in December and then undo that, so we are not going to raise gas taxes".

Trump has long threatened to pull out of the 24-year-old trade pact if it can't be overhauled and encourage manufacturers to bring factory jobs back the United States. The European Union, for example, has threatened tariffs on Harley Davidson, which is based in Wisconsin, and bourbon, for which Kentucky is famous.

For congressional leaders, those products hit close to home.

He attacked Senate majority leader Mitch McConnell on the debt ceiling.

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