“President-elect Donald Trump’s former trade secretary and his aides are preparing to aggressively tout plans for massive new tariffs on imports that go far beyond those seen in President Trump’s first term. There is.” politiko I will report.
“Robert Lighthizer, a gruff trade lawyer from Ohio, and his allies are preparing to convince lawmakers and the public that their plan to dramatically increase tariffs will boost the economy, not hurt it. , the memo is being circulated internally.
“Mr. Lighthizer and advisers close to the Trump transition are also speaking with key members of Congress and Congressional staff about how Congress may play a role in imposing the incoming administration’s tariff plans through legislation. The move would represent a departure from mainstream economic policymaking that the United States accepts.”Both countries could maintain tariffs for decades, but future presidents could unilaterally remove them. It can also be prevented from doing so. ”
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