Friday, March 2, 2018

Fw: U.S. allies threaten retaliation over Trump's tariffs move



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Subject: U.S. allies threaten retaliation over Trump's tariffs move

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Many of America's top trade partners bristled at the news that President Donald Trump plans to impose tariffs of 10 percent on aluminum and 25 percent on steel imports next week.

Trump announced the new measures during a meeting with industry executives at the White House Thursday.

Canada called the tariffs "unacceptable" and "inappropriate," saying it hoped to receive an exemption from the policy, though the president plans to offer zero exemptions, according to The New York Times.

Mexico is considering slapping tariffs of its own on the United States in retaliation, the Financial Times reported. Brazil's industry ministry expressed its "enormous concern," threatening "multilateral or bilateral" action.

The European Union also plans to retaliate. 

 
 

WHAT ELSE IS HAPPENING?

Scott Pruitt just gutted rules to fight the nation's "second biggest toxic pollution threat." The EPA's announcement didn't even mention the risks coal ash poses to human health.

The new tax bill is benefitting shareholders more than workers so far. At least according to the metrics politicians have chosen.

The NRA's top lobbyist implied Trump is back on its side. "POTUS & VPOTUS support the Second Amendment," the NRA's Chris Cox tweets.

 



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