Sentences with phrase «broad tariffs»

Some market analysts questioned the wisdom of broad tariffs to tackle the very real problem of intellectual property theft.

Retailers and manufacturers argue that benefits from tax reform, which those industries supported, would be wiped out by broad tariffs on consumer products.

On March 1, Trump announced that the U.S. would be imposing broad tariffs on steel and aluminum imports.

The White House seems to be ignoring pleas from many Republican politicians and industrialists (such as Charles Koch) to avoid broad tariffs, which seem likely to spark an international trade war.

The new trade restrictions exacerbate fears of sparking a global trade war that were raised after Trump signed executive orders enacting broad tariffs on steel and aluminum on March 8.

Foreign governments, multinational companies and the Pentagon have continued to push against broad tariffs, arguing that the measures could disrupt economic and security ties.

Solar panel installers, developers of utility - scale solar panel power generation projects and others connected to the industry also oppose broader tariffs.

With his announcement last week of broad tariffs on imported steel and aluminum, President Trump launched what could be the first salvo of an all - out global trade war.

Trump, who claims the United States is being taken advantage of by its trading partners, has already imposed broad tariffs on imported solar panels and large washing machines.

The briefing also follows the Trump administration's enactment of broad tariffs on steel and aluminum on Thursday.

«We urge you to reconsider the idea of broad tariffs to avoid unintended negative consequences to the U.S. economy and its workers,» the GOP lawmakers said in the letter.

In the letter, Republicans applauded the Trump administration's successes on tax reform, but warned that «adding new taxes in the form of broad tariffs would undermine this remarkable progress.»

Ryan's statement echoed the position of at least 107 other Republican members of Congress, who signed a letter Wednesday urging Trump to «reconsider the idea of broad tariffs to avoid unintended negative consequences to the U.S. economy and its workers.»

As many as 107 House Republicans expressed deep concerns last week, writing in an open letter to the president that the «new taxes in the form of broad tariffs would undermine» the «remarkable progress» made by the tax overhaul.

Meanwhile, on Capitol Hill, over 100 Republican lawmakers, and many Democrats as well, urged the president not to impose broad tariffs on steel and aluminum exports.