Tags: Donald Trump | Financial Markets | Trump Administration | tariffs | bob corker | trade war | republicans

Sen. Corker Unveils Trade Bill Despite Trump's Opposition

Sen. Corker Unveils Trade Bill Despite Trump's Opposition
Sen. Bob Corker, R-Tenn. (Alex Brandon/AP)

By    |   Wednesday, 06 June 2018 04:31 PM

Sen. Bob Corker, R-Tenn., pushed forward with legislation to curb President Donald Trump's ability to impose tariffs despite objections from Trump himself, CNN reports.

"I talked at length with the president about it [Wednesday]," Corker told reporters. "He's obviously not pleased with this effort.

"I am a United States senator, and I have responsibilities, and I'm going to continue to carry them out," he added.

Six Republicans and four Democrats signed on to the bill, which would require congressional approval for tariffs levied for national security reasons. The Trump administration last week announced it would slap steep steel and aluminum tariffs on Canada, Mexico, and the European Union.

Trump is using Section 232 of the trade law, which allows tariffs to be placed on imports in the name of national security, but many lawmakers argue the penalties do not meet the qualifications under the provision.

Republican leaders do not back Corker's efforts.

"I understand there's a fear – fearful of the president, let's be honest," Corker said of his Senate GOP colleagues, per CNN. "On policy grounds, they strongly support this. But there are concerns about countering the president by some. . . . But there's no doubt fear out there."

House Speaker Paul Ryan, R-Wis., cast doubt about the prospect of the bill passing.

"You would have to pass a law that he would want to sign into law and that, that would be what it would take," Ryan said. "You can do the math on that."

The European Union, Mexico, and Canada have responded to Trump's tariffs with retaliatory measured and harsh criticisms of his policy.

"This is protectionism, pure and simple," said Jean-Claude Juncker, president of the European Commission.

"These tariffs are totally unacceptable," added Canadian Prime Minister Justin Trudeau.

'Canada is a secure supplier of aluminum and steel to the U.S. defense industry, putting aluminum in American planes and steel in American tanks," Trudeau said. "That Canada could be considered a national security threat to the United States is inconceivable."

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Despite objections from President Donald Trump, Sen. Bob Corker, R-Tenn., pushed forward with legislation to curb President Trump's ability to impose tariffs, CNN reported.
tariffs, bob corker, trade war, republicans, resistance, obstructionists
Wednesday, 06 June 2018 04:31 PM
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