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US House Speaker Ryan criticizes Trump tariff plan

11 March 2018

President Donald Trump walks to the Oval Office after speaking at the Latino Coalition Legislative Summit, Wednesday, March 7, 2018, in Washington.

Flake, like many Republicans, has expressed deep concerns about Trump's plans to issue new tariffs on aluminum and steel and says he's ready to fight legislatively if needed.

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.

He excluded Mexico and Canada from the tariffs, following pressure from fellow Republicans to get him to reconsider, but still pressed ahead with the tariffs of 25 percent on imported steel and 10 percent on aluminum. "I don't think we should be going against the president before we see what the deal is". "We're not trying to blow up the world".

The people briefed on the plans said all countries affected by the tariffs would be invited to negotiate with the Trump administration to be exempted from the tariffs if they can address the threat their exports pose to USA manufacturers. In a tweet, he said the "U.S.is acting swiftly on Intellectual Property theft".

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"This was a big payment, $130,000 payment, to keep information away from voters that voters probably would have cared about when they were walking into the election booth back in November of 2016", Ryan said.

The official, who spoke on the condition of anonymity to discuss internal deliberations, said an announcement on the findings of the report - and possible retaliatory actions - was expected within the next three weeks.

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

"We urge the administration to take this risk seriously", Donohue said.

The president was surrounded by steel and aluminum workers as he explained his decision at a White House ceremony.

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Trump said the levies will take effect in about 15 days, adding that Canada and Mexico could be exempted based on the outcome of talks to renegotiate the North American Free Trade Agreement. Paul Seamus Ryan, the Vice President of Policy and Litigation at watchdog nonprofit Common Cause, told ThinkProgress that the payment Trump's attorney made to Daniels may have violated federal law, depending on where the money came from. But members of Congress have few ways at their disposal to counter the president, who has vowed to fulfill his campaign pledge.

"I generally support the president on just about everything, but I think he's been misled, there are some people down there who have been misleading him on some of these things", Hatch continued. John Cornyn, R-Texas, who has suggested hearings on the tariffs.

While others, like Sen.

Wisconsin cranberries and Harley-Davidson motorcycles are on the European Union's list of products that could face tariffs in response to Trump's action. "There are unquestionably bad trade practices by nations like China, but the better approach is targeted enforcement against those practices".

Even if there is an initial victory from a friendly court to stay Trump's tariffs, a case would face hard appeals, according to Mark Warner, a Toronto-based trade lawyer with MAAW Law who practices in the US and Canada.

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US House Speaker Ryan criticizes Trump tariff plan