Republican Senator Jeff Flake vows bill to undo tariffs

Argentina calls for exemption from US steel tariffs

Argentina calls for exemption from US steel tariffs

The rebellion is swelling among members of the US Congress's Republican majority dismayed over Donald Trump's contentious new trade tariffs, with many elected officials threatening to block the president's decree.

Walker, during a pair of stops Wednesday at Wisconsin businesses that use imported steel, argued that the tariffs could force them to move production out of the U.S.to avoid the tariffs.

In the Senate, Republicans are opposing the duties en masse, with Senator Jeff Flake already preparing a bill to "nullify these tariffs".

While others, like Sen. Seoul's Trade Minister Kim Hyun-jong has been meeting with Congressional and Senate leaders pitching the message was that Korean steel is not a threat to the USA steel industry and is actually contributing to the US economy through local investments.

Sen. Dick Durbin of IL, the Senate's No. 2 Democrat, said he wanted to see what Trump produces, but he believes Trump is "painting with too broad a brush". Joe Manchin said, "It's past time to defend our interests, our security and our workers in the global economy, and that is exactly what the president is proposing with these tariffs". "Congress can not be complicit as the administration courts economic disaster", Flake said Thursday. Ron Johnson (R-WI) has also condemned the looming trade war.

Wisconsin's three highest-ranking Republicans - House Speaker Paul Ryan, U.S. Sen.

"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", Ryan said.

"I think doing it in a generalized way runs the risk of an all-out trade war, which hurts many of our allies who are not guilty of trade abuses", Durbin said.

Many Republicans fear Trump's decision will spark a trade war and damage the USA economy just eight months before the 2018 elections. The tariffs are being imposed on the basis of economic and national security. President Trump spoke at length about how the US industry had been taken advantage of over the years.

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 USA imported products like Kentucky bourbon and blue jeans. Some of them will be mildly helped by the president's tariffs.

"We have a conducive tax and regulatory-the economy looks good".

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