Trump-Canada trade war faces Capitol Hill pressure

CNBC · 4 hours ago
Trump-Canada trade war faces Capitol Hill pressure
  • Greer briefed House Republicans on tariff concerns as lawmakers confronted political and economic risks from the trade dispute with Canada.
  • The U.S. imposed 50% tariffs on a range of goods after negotiations broke down, and Canada responded with tariffs of its own.
  • Republicans linked the dispute to affordability concerns and potential losses in northern border states ahead of the midterms.
  • Trump's plan to reduce tariffs on 300,000 metric tons of imported beef triggered opposition from cattle ranchers who support the president.

Quotes

It was a good discussion, a lively discussionRalph Norman
Most of the questions were regionalTim Burchett
It doesn't sound like there are any right now.Tim Burchett
The United States of America gave them the best possible dealBrian Mast

Sources