Foreign Trade

Tariffs to be Set Amid GOP dissent

3/8/18
from The Wall Street Journal,
3/7/18:

Plan would spare Canada and Mexico at the outset and they would remain exempt if new Nafta deal is reached.

President Donald Trump is expected to sign a decree this week laying out his plan to impose new tariffs on steel and aluminum, sparing both Canada and Mexico, after people on both sides of the issue made final pleas to either scuttle the measure or ensure he doesn’t back off. At the White House on Wednesday, aides began preparations for the ceremony ushering in a turn in trade policy that could recalibrate relations between the U.S. and its allies and trading partners. The moves came as more than 100 Republican House members sent an urgent letter Wednesday to the White House pressing for Mr. Trump to change course. In their letter, the GOP lawmakers urged the president to reconsider “broad tariffs to avoid unintended negative consequences to the U.S. economy and its workers.”

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