Ramesh Ponnuru: Republican leaders will cave in on Trump tariffs

Paul Ryan

Republican senator Ron Johnson of Wisconsin said: "There's really a growing level of optimism because we were returning certainty to the American and Wisconsin economy". Several spoke of how excessive "dumping" of steel and aluminum imports had negatively affected their jobs and families.

In 1832, the state of SC attempted to declare as null and void the federal government's tariffs, a declaration of a very strong version of states rights that would rear up again when SC led the movement of states to secede from the US during the civil war.

He said it's tough to make the case that the Republican Party is still the party of free trade.

Trump also suggested Australia and "other countries" might be spared.

Trump has said the US will be "very fair" but "very flexible" and "protect the American worker".

Trump says he's sticking with his initial plan for import tariffs of 25 percent on steel and 10 percent on aluminum. However, this is a very complicated area we are talking tough about, negotiating in public, and if followed by real negotiating, could result in changes in terms that might eliminate the need for tariffs.

Oil Sinks on Output Complications
At 0640 GMT, May WTI crude oil is trading $61.86, down $0.06 or -0.10% and June Brent crude oil is at $65.35, up $0.08 or +0.12%. The crude oil prices are falling because of fears that rising USA production could lead to even larger volumes of stocks.

His comments in a Cabinet meeting Thursday come hours before a 3:30 p.m. meeting to formalize the tariffs amid uncertainty in the West Wing over which countries will be exempted from the protectionist measure. He is in frequent contact with Trump's top trade negotiator, Robert Lighthizer.

"A strong steel and aluminum industry are vital to our national security - absolutely vital".

Trump tweeted Thursday: "Looking forward to 3:30 P.M. meeting today at the White House". Since the impact of the tariffs would be bad for American workers, that's a good thing.

Trump fantasized about running against television personality and philanthropist Oprah Winfrey in the 2020 presidential election, floated the idea of reaching peace with North Korea and promoted his new tariffs.

Other countries with a "security relationship" to the United States may seek exemptions by opening talks with the administration on "alternative ways" to address the threats the administration alleges their products pose to national security. "And I know that studies have shown that they have their allies sprinkled around the White House", Brown, who is facing a bruising campaign for re-election in November, told CNN's Dana Bash in an October 22 interview.

President Donald Trump has not backed down from his attacks on the free press and some Republicans, including U.S. Sen.

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