September 18, 2019

VS. TRUMPONOMICS:

U.S. trade groups urge Congress to rein in 'Tariff Man' Trump (Andrea Shalal, 9/18/19, Reuters) 

Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump's power to unilaterally impose tariffs amid growing concern about the negative economic impact of his trade policies.

Led by the National Foreign Trade Council (NFTC), the groups on Wednesday said they had formed the Tariff Reform Coalition to urge Congress to wrestle back greater control of trade policy and increase its oversight of the president's use of tariffs.

Trump, who has dubbed himself "Tariff Man," has imposed or planned tariffs on steel, aluminum and nearly all $500 billion in products imported from China each year, as he pursues an "America First" policy aimed at rebalancing U.S. trade ties.

Posted by at September 18, 2019 6:13 PM

  

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