flexiblefullpage - default
Currently Reading

Trump's Tariff Decisions Draw Warnings from GOP Lawmakers

Advertisement
billboard - default
Government + Policy

Trump's Tariff Decisions Draw Warnings from GOP Lawmakers


January 25, 2018
Shipping containers containing trade goods
Photo: Unsplash

This week, U.S. President Donald Trump moved to impose tariffs on imported solar panels and washing machines. In Washington, several Republican senators condemned Trump’s decision, revealing GOP differences over international trade.

The sixth round of talks involving U.S., Canadian, and Mexican trade officials is also taking place this week in Montreal, and GOP lawmakers are advising the administration to move carefully as it renegotiates the North American Free Trade Agreement. As The Washington Post reports, "NAFTA enjoys wide support among Republicans lawmakers, and before Trump, the party was largely united in favor of free trade ... The tariffs and uncertain nature of NAFTA discussions have stoked fears among GOP lawmakers that Trump will follow through on threats to withdraw the United States from the trade pact."

“I don’t agree with it. I think it’s a bad path to head down,” Sen. Roy Blunt (R-Mo.) said of the tariff decision. “The retaliatory tariff fight is never a good fight, and I generally think we need to be more positive about our trade opportunities.” Republicans are drafting a letter to Trump putting those concerns on record. The lawmakers said the tariffs could start a trade war that would damage the U.S. economy and threaten jobs, hurting the American workers Trump says he wants to help.

Read more

Advertisement
leaderboard2 - default

Related Stories

Government + Policy

Can Limiting Hedge Funds from Buying Houses Lower Prices?

Large institutions make up just 13% of all investor home buyers

Economics

Gen Z Feels Weight of US Debt Burden While Trying to Enter Housing Market

Current US debt has surpassed levels reached in the aftermath of World War II, with Gen Z bearing the brunt

Energy Efficiency

New Bill Aims to Curb Energy-Efficiency Standards for Home Appliances

Passage of the act by the House would add hurdles to creating new appliance standards and also make it easier to revoke existing standards

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.