WASHINGTON (AP) — More warnings are coming in response to President Donald Trump’s plan to impose tariffs on imports of steel and aluminum.
Congressional Republicans and industry groups are pressing the president to narrow his plan for across-the-board tariffs. A visiting head of state, Swedish Prime Minister Stefan Lofven, said during a joint news conference with Trump that increased tariffs will hurt everyone in the long run.
And the president’s top economic adviser and an opponent of tariffs, Gary Cohn, announced his plans to depart the White House.
Nonetheless, Trump has reiterated his plans as a response to mistreatment of the U.S. in trade deals. He’s leaving open the possibility that Canada and Mexico could be spared if they’re willing to offer more favorable terms under a renegotiated North American Free Agreement.