GOP leaders signal they will try to narrow Trump's tariffs

The EU Strikes Back       Some 2.8 billion euros of U.S. goods are targeted in retaliatory tariff              Source European Commission

WASHINGTON ― President Donald Trump's decision to impose steep tariffs on steel and aluminum imports drew rare bipartisan criticism from lawmakers, who warned the move could trigger a transatlantic trade war and hurt US companies.

Acting under a Cold War statute that gives USA presidents the power to impose tariffs on imports if they threaten the country's national security, Mr Trump said the United States would begin applying tariffs on imports from everywhere but Canada and Mexico.

The president was surrounded by steel and aluminum workers as he explained his decision at a White House ceremony.

The order slaps tariffs on steel and aluminum imported from any foreign country, with the exception of Canada and Mexico, which the order says will remain exempt "at least at this time".

Trump kept Canada and Mexico as potential tariff targets because that served US interests in winning concessions in ongoing NAFTA negotiations.

Analysts believe the plan to offer relief to Canada and Mexico is a gesture aimed at putting pressure on them to give ground in separate talks on the North American Free Trade Agreement (NAFTA), which appear to be stalled. "I regret President Trump's decision to implement these tariffs, because as recent history has shown us, they could ultimately backfire and hurt American workers and consumers".

Super Smash Bros. coming to Nintendo Switch this year
On top of it all, South Park: The Fractured But Whole is headed to the Switch as well, if you can wrap your head around that one. We knew that Crash Bandicoot was likely to make his way over to other platforms, one of which will be the Switch on July 10th.

However, a recent study by the Trade Partnership, a Washington D.C. -based consulting firm, estimated that Trump's new tariffs would result in a net loss of 146,000 jobs in the United States after accounting for positive impacts on US steel and aluminum producers.

Sarah Huckabee Sanders, Trump's press secretary, told reporters the exemptions would be adopted "case by case" and "country by country".

Baldwin said Thursday that the tariffs send "a strong message to bad actors like China" but also called for Trump to exempt European trading partners and do more to "target China's cheating".

That scenario, Tom Donohue said, would endanger the economic momentum from the GOP tax cuts and Trump's rollback of regulations.

President Donald Trump had a laurel and a dig for one of his favorite "globalists" Thursday as he bid his top economic adviser farewell.

"Domestic metals now have a much better opportunity to compete against the foreign meals as it relates to a variety of different metal products", said Gary Romig of Summit Steel Manufacturing in Muhlenberg Township.

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Wolf wrote that the man, who had an oxygen tank, told Williams he had difficulty using his hands. Williams said was taken aback by the outpouring, KTRK-TV said. "Getting my own day".

Trade tensions between the world's two largest economies have risen since Trump took office.

Referring to a tweet by Tesla head Elan Musk, Trump said China charges 25 per cent duty on American cars whereas it is just 2.5 per cent on import of Chinese cars into the US.

India's miniscule export of steel to the USA means it may breathe freely, but not other major countries.

Yves-Thomas Dorval, President of the CPQ, wants the government to do everything in its power to ensure tariffs don't hit Quebec's steel and aluminum industries.

Labor's leader, Bill Shorten, said Trump's plan posed a real risk to the Australian steel industry.

They haven't given up on the possibility that they can get the president to tweak these tariffs if the markets or other countries react badly.

Joe Hart to return for West Ham in boost to World Cup…
West Ham, visibly affected by what was going on, simply went to pieces - and Burnley cashed in to an extent they barely deserved. Some young West Ham fans were even allowed to sit on the Burnley bench as things threatened to turn ugly.

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