Trump's Passion for Tariffs Faces Stiff Headwinds From His Party

Trump mulls tariffs, quotas on foreign steel, aluminum

President Trump said that he will give instructions to his Commerce secretary to impose tariffs on the importers who dump either of the two metals or both into the U.S. market. NAFTA includes the US, Canada and Mexico.

He added that it "makes no sense" to try to draw "high-labor content manufacturing" back to the U.S.

"We also don't want prices to go really high for our citizens". One potential option, invoking the International Emergency Economic Powers Act, which is typically used in the case of sanctions, could lead to legal challenges from United States companies.

Mr Schott said most Chinese steel is blocked from entering the United States under existing anti-dumping and countervailing duty measures, with only about a million tonnes or maybe less going into the US.

"With an 81 percent increase in trade cases initiated since President Trump took office, this Administration has made it clear that we will vigorously administer antidumping and countervailing duty laws", Secretary of Commerce Wilbur Ross said in a release.

Referencing the USA trade deficit with China, which he made a point of attributing to previous administrations, Trump declared: "Look, we have rebuilt China".

Promising action, the president vowed: "We're going to make it fair".




Senator Mike Lee, a Utah Republican, added: "You would end up with net job losses", noting USA industrial dependence on steel.

"When problems arise in the USA, the country often uses domestic laws to override the WTO rules".

Reporters were allowed to observe almost an hour of the meeting, in which lawmakers in Trump's own party openly challenged his positions on trade.

After Trump complained about Canadian trade practices with regard to lumber, timber and "Wisconsin and our farmers", Senator Ron Johnson, a Wisconsin Republican, chimed in.

Other Republican lawmakers at the meeting in Washington on Tuesday described Trump's protectionist approach to trade as out-of-date.

It has been argued that the Trump administration's threats of a preemptive military strike, should other pressure fail to succeed, is as much a bargaining position with Beijing to step up sanctions as it is with Pyongyang to negotiate. While Trump carried Pennsylvania's 18th congressional district by 20 percentage points in 2016, Democratic candidate Conor Lamb is running a competitive race, according to public polls.

By Toluse Olorunnipa and Joe Deaux, with assistance from Andrew Mayeda.

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