Hatch: Trump steel and aluminum tariffs are a 'tax hike on Americans'

[babylonsister]

Hatch: Trump steel and aluminum tariffs are a 'tax hike on Americans'
By Jordain Carney - 05/31/18 10:29 AM EDT


Senate Finance Committee Chairman Orrin Hatch (R-Utah) on Thursday blasted the Trump administration's decision to place steel and aluminum tariffs on the European Union, Canada and Mexico, saying the financial penalties are a "tax hike on Americans."

"My position remains unchanged: Tariffs on steel and aluminum imports are a tax hike on Americans and will have damaging consequences for consumers, manufacturers and workers," Hatch said in a statement.

Commerce Secretary Wilbur Ross announced earlier Thursday that President Trump has decided to slap hefty tariffs on the EU, Mexico and Canada, ending the temporary exemptions for the key trading allies despite their two months of lobbying to avoid the tariffs.

Hatch added that he would urge the administration to reverse its decision but did not specify what steps he would take to try to pressure them to do so.

"In light of the mounting evidence that these tariffs will harm Americans, I will continue to push the administration to change course," Hatch added.

Republicans, including Hatch, have publicly fretted for months over Trump's trade policies, including concerns that broad steel and aluminum tariffs would spark retaliation from other countries. Some GOP senators have floated new legislation that would give Congress more oversight of the president's trade decisions.

Sen. Pat Toomey (R-Pa.) separately called the tariff decision "bad news" that would "invite retaliation."

more...

http://thehill.com/blogs/floor-action/senate/390043-hatch-trump-steel-and-aluminum-tariffs-are-a-tax-hike

[Iliyah]

1. Yeah ass kisser and what you guys in the majority gonna do about it?

[awesomerwb1]

2. F your corrupt

winger @ss Hatch.

Your words mean absolutely nothing considering you'll be kissing Dump's ring later today.

You're part of this clusterf-ck.

[beachbum bob]

3. Lol...no republican can run away from what trump does, they own that

Asshole. Enjoying every moment of this.

[gratuitous]

4. Okay, you don't like the new tariffs

What are you going to do about it besides whine to your favorite reporters?

[onecaliberal]

5. THIS is exactly what the stupid voted for. I know we will all get burned by it. The stupid in this

country needs to understand their effing jobs are not gone because of trade, but because of automation. Those jobs are NEVER coming back.

[Freethinker65]

6. Yep. But the wealthiest can absorb the hit thanks to Hatch's (GOP's) generous tax cut.

[Wellstone ruled]

7. Orin must have gotten a call

from his donor in Layton Utah,Nu Cor Steel. One of the few Steel Fabricators for Office and Casino's left here in the West.

[Bernardo de La Paz]

8. All three entities have announced equivalent retaliations: EU, Canada, Mexico. . . . nt