The Finance 202: Trump's trade war is far from over
By Tory Newmyer
January 11 at 7:57 AM
The Trump administration’s bid to seize more unilateral tariff power from Congress looks dead on arrival.
Key lawmakers from both parties are throwing cold water on the proposal, which the administration is weighing whether to roll out in the State of the Union address later this month, Bloomberg News reports. If anything, members of Congress appear inclined to seize some agency back from the Trump team when it comes to trade policy.
But the fact that the White House is considering requesting the authority to issue new tariffs, product by product, underlines a bracing reality: Even as Trump officials appear to be making progress in trade negotiations with Beijing, the administration’s wider trade war is far from over.
more:
http://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2019/01/11/the-finance-202-trump-s-trade-war-is-far-from-over/5c37cbce1b326b66fc5a1c10/?utm_term=.63c00450ea6f

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