Reuters: U.S.

Sunday, May 27, 2018

News Alert: GOP-Trump trade fight boils over with threat to cars

 
 
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GOP-Trump trade fight boils over with threat to cars
President Trump and congressional Republicans are barreling toward a showdown over auto tariffs, just the latest conflict between the president and his party on trade.

Trump has asked Commerce Secretary Wilbur Ross to investigate whether hefty tariffs, possibly as high as 25 percent, can be levied against auto imports for national security reasons.

The mere suggestion of the huge tariffs sparked an immediate backlash on Capitol Hill, as well as GOP-friendly business groups and key trading partners already unnerved by Trump on trade.
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