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Weak Position Leaves Republican Leaders Cornered by Trump's Tariffs
11 March 2018, 01:22 | Marta Robbins
If the government is going to make stupid decisions.. it may as well make some in FAVOR of their voters... just sayin
House Speaker Paul Ryan released a statement following the tariff announcement that included no mention of any legislative effort or remedy.
The president is expected to sign off formally on new tariffs as early as Thursday.
Members of the US Congress's Republican majority are dismayed over Donald Trump's contention new trade tariffs.
"There is, clearly, abuse occurring...clearly, there is overcapacity: dumping in transhipping of steel and aluminum by some countries, particularly China".
Flake said the new tariffs, which function as taxes on imports, of 25% on steel and 10% on aluminum would be detrimental to the U.S. economy and must be stopped.
Jeff Flake wants to pass a bill to block them.
"I disagree with this action and fear its unintended consequences".
However, it should be noted that the state's Republican US Senator Pat Toomey said in a radio interview Wednesday morning that he doesn't agree with Trump's political calculation in his home state - nor on the protectionist policy. Canada and Mexico are exempt, and the White House has invited other nations to bargain for their own carveouts. Cohn has fought tariff plans for months, combating administration officials such as trade adviser Peter Navarro and Commerce Secretary Wilbur Ross who think the USA must do more to protect its economy from predatory policies of foreign countries, particularly China.
Despite widespread condemnation from House Republicans, none have introduced measures to counter Trump's action. Not a backbencher, even day one Lawmaker interest in NAFTA intensifies amid Trump moves MORE (R-Utah) on Tuesday sent a letter to the president urging him to refocus his efforts on opening markets for US exports without hurting domestic businesses and consumers.
"This was a big payment, $130,000 payment, to keep information away from voters that voters probably would have cared about when they were walking into the election booth back in November of 2016", Ryan said.
Flake, an Arizona conservative who has frequently feuded with Trump, said in a statement that Trump's "so-called "flexible tariffs" are a marriage of two lethal poisons to economic growth - protectionism and uncertainty".
Historically proponents of free trade, several Republicans dubbed the measures "stupid" and "misguided" - if the United States increases the cost of both materials, they hold, American producers of vehicles and other products will suffer setbacks on the worldwide playing field, and consumers will pay more.
There was some praise from Democrats for the Republican president.
Gosar says Trump has proven that he knows what he is doing when it comes to handling the economy.
"I'm disappointed because we just passed a tax bill and this kind of flies in the face of that".
Forecast: Quieter weather likely into the weekend
Significant accumulations are possible with northern Aroostook receiving up to a foot of snow with locally higher amounts. The winds will be strong along and north of the Interstate 76 corridor and east of Fort Morgan, according to the NWS.
Cricket Australia investigating Warner-de Kock incident
The centurion protagonists from those matches, AB de Villiers (0) and Faf du Plessis (four) sunk without a trace. Thankfully for the South African he managed to put some runs on the board and not be knocked over for a pair.