Published: Mon, March 12, 2018
Life&Culture | By Rose Hansen

Congressional members respond to Pres. Trump's metal tariffs

Congressional members respond to Pres. Trump's metal tariffs

"We should never normalize this kind of behavior, particularly from the president of the United States", Flake said.

Johnson warned that Trump's tariffs could result in "retaliatory actions" from USA trading partners while injecting "uncertainty" into an economy that had been booming during Trump's presidency and benefiting from the tax cuts included in the chief executive's tax reform law, approved last December. At nearly the same time, the president was announcing steel and aluminum tariffs that Ryan and others in the GOP say will slow growth and raise prices for consumers. The agreement was negotiated by Democratic President Barack Obama's administration, but had broad support from GOP leaders who have long backed multilateral free trade pacts.

Trump spoke of his party's tax reform bill ("bigger than [Ronald] Reagan"), Rep. Maxine Waters (D-Calif.) ("very low-IQ individual"), NBC's Chuck Todd ("sleeping son of a bitch"), and Oprah, whom he said he would "love to beat" in the 2020 election, though it would be "a painful experience for her".

Now, it's important to realize that the US trade deficit isn't necessarily a bad thing. Even though tariffs on Mexico and Canada were excluded from President's Trump's announcement, he says he has no problem with them. All it means is that the country as a whole imports more than it exports.

"Trade wars are not won, they are only lost", he said in a statement.

Phillies reportedly closing in on deal with Jake Arrieta
However, club officials distanced themselves from Arrieta and Darvish because of the length of deals the pitchers were seeking. Arrieta had a 4.67 ERA in first 16 starts last season, but finished strong, going 7-4 with a 2.26 ERA in his final 14 outings.

The update came as congressional Republicans and business groups braced for the impact of expected tariffs of 25 percent on imported steel and 10 percent on aluminum, appearing resigned to additional protectionist trade actions as Trump signaled upcoming economic battles with China.

"We have a conducive tax and regulatory-the economy looks good".

Notably, no Republican lawmakers attended the White House event.

However, it also risks alienating Trump's still-dedicated base. "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". I think tariffs are one part of that trade policy.

Like this: