House Speaker Ryan talks tariffs, tax reform during Atlanta visit


Trump spoke of his party's tax reform bill ("bigger than [Ronald] Reagan"), Rep. Maxine Waters (D-Calif.) ("very low-IQ individual"), NBC's Chuck Todd ("sleeping son of a bitch"), and Oprah, whom he said he would "love to beat" in the 2020 election, though it would be "a painful experience for her".

Ryan will observe a product demo, participate in an employee town hall, and hold a press conference. Trade is now the issue that has driven the most distance between Ryan and the president he reluctantly endorsed during the campaign. The prices of a host of products made from steel and aluminum are expected to rise, and several countries have already threatened to impose their own tariffs on USA goods in retaliation.

The White House says Mexico, Canada and other countries may be spared from President Donald Trump's planned steel and aluminum tariffs under national security "carve-outs", a move that could soften the blow amid threats of retaliation by trading partners and dire economic warnings from lawmakers and business groups.

Republicans fear Trump's action risks distracting voters and disrupting the USA economy just months before the midterm election that will test his protectionist policies, populist rhetoric and chaotic approach to the presidency.

Yet those arguments had little resonance with Trump during the fiery battle over tariffs that has played out in the West Wing in recent days.

Trump said he was "defending America's national security" by imposing the tariffs.

Hours before the president signed an executive order implementing the new tariffs, trade ministers from 11 Pacific Rim countries signed a sweeping free trade agreement the USA had been part of until Trump withdrew past year.

Ryan is trying to persuade voters to elect Republicans and allow the party to keep control of the House by highlighting the GOP's successful drive to cut taxes for corporations and many individuals. This would be an excellent chance for Congress to reassert its constitutionally granted authority in an area that should never have been surrendered to the White House. Jeff Flake (R-Ariz.), have argued that they are at risk of becoming "normalized". "It'll cost jobs, not to mention, increasing prices for consumers".

Politico reported on legislative ways Republicans in Congress could derail Trump's plan. I mean, it would be a tough go in a Republican primary. Ron Johnson (R-WI) has also condemned the looming trade war.