Senate finance chair says no to giving Trump more tariff authority

Politics

FILE PHOTO: Chairman of the Senate Judiciary Committee Charles Grassley (R-IA) speaks during the second day of confirmation hearings on Senator Jeff Sessions (R-AL) nomination to be U.S. attorney general in Washington, U.S., January 11, 2017. REUTERS/Joshua Roberts/File Photo

WASHINGTON (Reuters) – U.S. Senate Finance Committee Chairman Charles Grassley said on Wednesday that Congress will not grant any expansion of President Donald Trump’s executive authority over tariff and other trade remedies.

“We ain’t going to give him any greater authority. We already gave him too much,” Grassley, an Iowa Republican, told reporters in response to a Bloomberg report that the White House is preparing a bill that would seek to give Trump broad authority to levy new tariffs to break down other countries’ non-tariff trade barriers.

Grassley said that steel and aluminum tariffs on Canada and Mexico were hurting farmers and “those have to go” in order to get agricultural interests to support congressional approval the new U.S.-Mexico-Canada Agreement trade deal.

Reporting by Chris Prentice and David Shepardson; Editing by Richard Chang

Products You May Like

Articles You May Like

The DUP’s price for supporting May’s Brexit deal: seat at trade talks – Sunday Telegraph
Taiwan’s Foxconn says unlikely to suffer loss from Microsoft lawsuit
U.S. manufacturing sector slowing as economy loses momentum
Celebrities lose work, students sue U.S. colleges in admissions scandal
Tesla unveils Model Y as electric vehicle race heats up, price starts at $39,000

Leave a Reply

Your email address will not be published. Required fields are marked *