06/26/2018

Limit Trump Tariffs, Businesses Tell Congress In Letter

Fifty-one trade groups joined key parties by signing the letter of concern

With U.S. trade fights increasingly roiling markets, a growing chorus of U.S. industries is backing legislation in Congress that would limit President Donald Trump’s ability to slap tariffs on steel and aluminum imports.

Fifty-one trade groups are joining the U.S. Chamber of Commerce and 222 state and local chambers by signing a letter that was sent to U.S. senators Tuesday in support of a bill introduced this month by Sen. Bob Corker, R-Tenn. The legislation would require Congress to approve or reject any new tariffs the president imposes based on national security concerns.

Trump had urged Corker to drop the bill but he declined. It’s co-sponsored by seven Republican senators and four Democrats.

Please select this link to read the complete article from USA Today.