Ryan splits with Trump on trade as GOP lawmakers move to block planned tariffs
Source: The Washington Post
By Erica Werner March 5 at 12:13 PM
Congressional Republicans are maneuvering to stop President Trump from levying harsh tariffs on steel and aluminum imports, arguing the move runs counter to the core of their economic agenda and could even cause political problems heading into the 2018 midterms.
“We are extremely worried about the consequences of a trade war and are urging the White House to not advance with this plan,” AshLee Strong, a spokeswoman for House Speaker Paul D. Ryan (R-Wis.), said in a statement Monday. “The new tax reform law has boosted the economy and we certainly don’t want to jeopardize those gains.”
Members of the House Ways and Means Committee were also circulating a letter arguing against the tariffs, and high-ranking Senate Republicans have voiced their opposition.
It’s unclear whether the GOP pushback will have any effect on Trump, who surprised fellow Republicans Thursday when he announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports. He has since dug in deeper on the plans, defending them in a string of posts on Twitter.
Read more: https://www.washingtonpost.com/business/economy/ryan-splits-with-trump-as-gop-lawmakers-move-to-block-planned-tariffs/2018/03/05/cbb5c786-2094-11e8-94da-ebf9d112159c_story.html
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