Trump Today: Trump Today: President says he’s weighing tariffs on steel and aluminum imports

President Donald Trump on Tuesday said he’s considering slapping tariffs on steel and aluminum imports, as he met about trade with a group of lawmakers and also prodded Democrats to make a deal on immigration.

‘ALL OPTIONS’

At a White House meeting with members of Congress, Trump said he was “considering all options” for dealing with imports of aluminum and steel that he says hurt U.S. producers. “What we are talking about is tariffs and/or quotas,” he said.

But the president got pushback from lawmakers, including from his own party. “We need to be careful here that we don’t start a reciprocal battle on tariffs,” said Sen. Roy Blunt, a Missouri Republican. “We make aluminum and we make steel in Missouri, but we buy a lot of aluminum and we buy a lot of steel as well.”

Also see: China and these 10 countries account for most of the trade deficit, now at a 9-year high.

President Donald Trump meets with members of Congress to discuss trade at the White House on Tuesday.

DACA DEAL WOULD BE ‘GREAT ACHIEVEMENT’

Trump discussed immigration with lawmakers and also tweeted that the “last chance” was approaching for a deal on the Deferred Action for Childhood Arrivals program, or DACA. On Twitter, Trump referred to a March 5 deadline for agreeing on a replacement for the program. Yet it’s possible debate could stretch beyond then, since a federal judge in California has ordered the administration to restart the program.

“Everybody in this room wants DACA,” Trump told members of Congress. “It would be a great achievement.” The Senate is debating immigration policy, including DACA, and Majority Leader Mitch McConnell said Tuesday there’s no reason not to reach a bipartisan solution this week.

At a separate meeting with officers of the National Sheriffs Association, Trump reiterated that he wants to build a border wall, end “chain migration” and cancel the visa lottery system.

See: Why ‘Dreamers’ are less likely to drop out of high school.

TRUMP WANTS DEMOCRATS TO DEAL ON INFRASTRUCTURE

Trump reached out to Democrats in another tweet on infrastructure, even as he tweaked them for not giving his proposal “great reviews.”

“Bipartisan, make deal Dems?” he asked, a day after proposing to spend $200 billion in federal funds to spur $1.5 trillion for projects on roads, bridges and railways.

Read: Here’s where the money goes in Trump’s infrastructure plan.

Opinion: Infrastructure plan takes another dig at universities.

Filed in: Top News Tags: 

You might like:

Americans owe millennials an apology — baby boomers overspend eating out too Americans owe millennials an apology — baby boomers overspend eating out too
BookWatch: Here are the 8 best books about money published in the past year BookWatch: Here are the 8 best books about money published in the past year
Key Words: The financial advice Billy Graham liked to give Key Words: The financial advice Billy Graham liked to give
Outside the Box: The 3 most surprising things I learned when I got serious about early retirement Outside the Box: The 3 most surprising things I learned when I got serious about early retirement
Market Snapshot: Why a spike in the 10-year Treasury yield to 3% won’t be a death knell for stocks Market Snapshot: Why a spike in the 10-year Treasury yield to 3% won’t be a death knell for stocks
States that voted for Trump are more likely to have growing credit-card debt States that voted for Trump are more likely to have growing credit-card debt
CEO turnover is the highest it’s been in 8 years CEO turnover is the highest it’s been in 8 years
The depressing reason most Americans are making more money The depressing reason most Americans are making more money

Leave a Reply

Submit Comment
© 4130 Stock Investors News. All rights reserved. XHTML / CSS Valid.