Published: Пн, Марта 12, 2018
Culture&Arts | By Laurence Reese

Jeff Flake Drafting Bill To Kneecap Trump On Trade Policy


Outgoing Sen. Jeff Flake is among more than a 100 Republican members of Congress who unsuccessfully urged President Trump to reconsider the broad levies on steel and aluminum imports.

President Donald Trump is suggesting that Australia and "other countries" may be exempted from steel and aluminum tariffs, along with Mexico and Canada. We stopped increasing the regulatory burden and actually started reducing the regulatory burden.

"I'm afraid that some of the nations that will be impacted are already targeting products that are made in Wisconsin", said democratic Rep. Ron Kind, "some of our manufactured products, some of agriculture products and that's something that we can't afford right now".

Trump is expected to delay the imposition of tariffs on Canada and Mexico to turn up the pressure in negotiations over the North American Free Trade Agreement.

Johnson said he was "really concerned" that Trump's announcement would be counterproductive because it "injects uncertainty into an economy that was really doing quite well".

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Flake, an Arizona Senator who has been frequently critical of Trump's antics, is not running for reelection.

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The House speaker's condemnation was swiftly echoed by other top Republicans in Congress, who fear the tariffs could spark a trade war and hurt the USA economy.

"We saw what happened in 2002 when President Bush tried the exact same thing", explained republican Sen. When Trump first brought up tariffs last week, "no one at the State Department, the Treasury Department or the Defense Department had been told that a new policy was about to be announced or given an opportunity to weigh in in advance", according to an NBC report.

"I am not afraid of tariffs".

The lawmakers wrote that "any tariffs that are imposed should be created to address specific distortions caused by unfair trade practices in a targeted way while minimizing negative consequences on American businesses and consumers". So I think it does real damage long-term to the political culture. 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. "Not to benefit America's small businesses, and often not even to benefit American consumers".

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