HOUSE OF REPS/TARIFFS/TRADE DEALS: “House Financial Services Committee Chairman Jeb Hensarling warned President Donald Trump on Tuesday [3-6-18] against pressing forward with a broad package of tariffs on foreign aluminum and steel, cautioning that such a move could undo the economic benefits of the tax cut package he signed late last year… Trump announced last […]
Category: Tariffs
3/5/2018
PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump, facing an angry chorus of protests from leaders of his own party, including the House speaker, Paul D. Ryan, insisted on Monday [3-5-18] that he would not back down from his plan to impose across-the-board tariffs on steel and aluminum imports. But the White House was devising ways […]
3/5/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump’s fixation with America’s widening trade deficit is fueling his decision to impose stiff tariffs on steel and aluminum imports. Only a small group of experts share Mr. Trump’s fixation, and few see tariffs as an effective tool to narrow the so-called trade gap. America’s trade deficit is the gap […]
3/5/2018
GOP/PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Paul D. Ryan, the Republican House Speaker, criticized President Trump’s proposed steel and aluminum tariffs on Monday [3-5-18], saying they could lead to a damaging trade war… The statement was a dramatic departure for Mr. Ryan, a top leader in Mr. Trump’s own party, who worked in lockstep with the […]
3/5/2018
COMMERCE/ECONOMY/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “Since President Donald Trump announced plans last week to hit steel and aluminum imports with new tariffs, his trade adviser Peter Navarro and Commerce Secretary Wilbur Ross have been all over television celebrating their victory and rebutting suggestions that the move would incite a damaging trade war. But economic adviser Gary […]
3/5/2018
NAFTA/PAUL RYAN/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “House Speaker Paul Ryan broke with President Donald Trump over his decision to impose tariffs on imported aluminum and steel products, setting the stage for a high-profile policy fight between Republican leaders and the White House. Mr. Ryan’s concerns match those of many Republican and Democratic lawmakers, who fear the […]
3/5/2018
GOP/LOBBYING/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Congressional Republicans are frantically lobbying President Donald Trump to reconsider his move to slap tariffs on steel and aluminum — even considering legislative action to try to stop him if he refuses. Speaker Paul Ryan has personally spoken with the president and tried to warn him of the economic dangers of […]
3/4/2018
ECONOMY/INFRASTRUCTURE/LABOR/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump burnished his tough-on-trade image last week by declaring he would impose tariffs on U.S. steel and aluminum imports. But the move could undermine another part of his ‘America First’ economic agenda: Rebuilding U.S. infrastructure. Tariffs on imported aluminum and steel could drive up the cost of infrastructure investments, […]
3/4/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The Trump administration is downplaying reports that White House chief economist Gary Cohn is planning to leave the West Wing because of frustrations over the implementation of steel and aluminum tariffs. After President Donald Trump announced the US would impose tariffs on steel and aluminum imports last week, one person […]
3/4/2018
ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Trump administration officials on Sunday [3-4-18] defended the president’s plan to levy tariffs on steel and aluminum imports and played down the likelihood the U.S. would allow for many exclusions from the proposals. The tariff plan would do little to hurt the broader U.S. economy, said the officials, who also minimized […]
3/4/2018
TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “White House trade adviser Peter Navarro says no countries will be excluded from upcoming steel and aluminum tariffs set to be imposed by the Trump administration, including the United States’ greatest allies… Navarro said he expects President Donald Trump to sign the measures by the end of this week or early […]
3/3/2018
BUSINESS/ECONOMY/NATIONAL SECURITY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “President Donald Trump upped the ante in a brewing trade conflict stirred up by his announcement of steel and aluminum tariffs, saying the U.S. would impose tariffs on European car exports if the bloc follows through with retaliation against his metals duties. … The exchange began Thursday after Mr. Trump […]
3/3/2018
TARIFFS/TAXES/TRADE DEALS: “If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S. They make it impossible for our cars (and more) to sell there. Big trade imbalance!” -Donald Trump, Twitter.com, Mar. […]
3/3/2018
BUSINESS/ECONOMY/NATIONAL SECURITY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s proposed tariffs on steel and aluminum imports have many economists and lawmakers worried about a coming trade war. But workers and others in this community, where steel has been made for well over a century, see a chance for more jobs and bigger paychecks. … ‘Overall it’s […]