Flake introduces bill to neutralize Trump's tariffs on steel, aluminum

Flake introduces bill to neutralize Trump's tariffs on steel, aluminum

One Republican senator is promising to introduce legislation to nullify President Donald Trump's new tariffs on steel and aluminum imports.

The White House said Wednesday that Mexico, Canada and other countries may be spared from tariffs under national security "carve-outs".

His effort to tweak his blanket tariff plan did not mollify critics.

House Speaker Ryan said in a statement that he "feared the unintended consequences" of the new tariffs. "It's something I'm very upset about". "We will continue to urge the administration to narrow this policy so that it is focused only on those countries and practices that violate trade law". Without a doubt, those who can least afford it will be harmed the most. But the politics make it more complicated. "Thriving communities turned into ghost towns", Trump said in front of a group of workers before signing the tariff proclamations. The net effect will be not more jobs, but lower overall productivity. The conservative Washington Examiner, editorialising against the tariffs, notes that this delegation was "part of a disturbing trend of Congress handing excessive power over to the president".

American steelworkers "cheered the tariffs" as a benefit for their industry. "Tariffs are bad enough on their own". Even among the economists critical of the tariffs, no one has said that the effect of the tariffs would be so strong as to completely counteract the deep tax cuts passed previous year.

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Members of the Republican Party have openly discussed moving to block the proposed tariffs through the introduction of legislation created to nullify any changes, but securing the votes to do so could now be even harder due to the unexpected support on the issue for President Trump from across the aisle. Considering his colleagues' timidity, he shouldn't bank on too much help.

Sen. Mike Lee, a Republican from Utah, is proposing legislation that would generally require future tariffs to get congressional approval. But it should not be used as an excuse for protectionism.

Louisiana, for example, is a huge importing state and relies on steel and aluminum imports for its gas industries.

Even some of Trump's most ardent defenders seemed ready for a fight.

The congressmen are honest in their opposition to Trump's tariffs, and they're right. And it's a recipe for killing growth. While lawmakers technically could try to counter Trump on trade with some kind of legislative response, there is no clarity about what that would look like, and what kind of precedent it would set. Self-delusion is a powerful toxin, but it's no excuse for having backed and defended an economic illiterate.

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