Wednesday, 20 March, 2019

US House Speaker Ryan denounces Trump metals tariffs

Patty Aguilar | 10 March, 2018, 15:45

Congressional Republicans' hopes that President Trump would back down from his threat to impose tariffs on steel and aluminum imports were dashed Thursday when the President signed an executive order implementing the tariffs and suggested more global trade upheaval in the months to come.

The looming departure of White House economic adviser Gary Cohn, a former Goldman Sachs executive who has opposed the promised tariffs, set off anxiety among business leaders and investors anxious about a potential trade war.

European Union leader Jean-Claude Juncker also warned President Trump against imposing the tariffs, saying that EU nations would retaliate by placing similar tariffs on US imported products like Kentucky bourbon and blue jeans.

Republicans do not like these tariffs.

"Trade wars are not won, they are only lost", he said in a statement. "Congress can not be complicit as the administration courts economic disaster", Flake's statement continued.

Trump has said the US will be "very fair" but "very flexible" and "protect the American worker". "I just haven't persuaded him yet".

Maharashtra budget focuses on farmers, job creation, infrastructure
The Rs 46,000-crore project will be implemented by the Maharashtra State Road Development Corporation (MSRDC). The Supreme Court decision to ban bars within 500 metres from highways hit the state excise department hard.

'We feel cheated': Unknown rule decides National Basketball Association game
That embarrassment partly sparked the Lakers on their current run of strong form, with nine wins in 14 games since that defeat. In mid-December, the Wizards lost a chance to hit a game-winner against the Clippers because the clock started too soon.

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The Razorbacks and Volunteers met on the opening weekend of conference play, a 95-93 Arkansas win in overtime December 30. It wasn't just the number of points Barford scored that was so impressive, but rather when - and how - he scored them.

But Flake said that was not enough and Congress must act. But there are few signs on Capitol Hill of the political will to pass a bill to rein in Trump and avert a trade war.

Flake has been a vocal critic of the president.

Trump tweeted Thursday: "Looking forward to 3:30 P.M. meeting today at the White House".

A slew of Republicans, including House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, expressed concern about the tariffs in the run up to the announcement.

Noting that the United States should focus on China's metals sales that are "trans-shipped" through other countries at unfair prices, Ryan said: "I really think the best policy is to be surgical and specific".

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