Thursday, March 16, 2017

Republicans are increasingly an obstacle to trade policies Trump

They worry that his plans may harm the exports of their states and undermine long-standing alliances US
Republican lawmakers show increasing resistance to plans for a new trade policy President Donald Trump. They worry that his plans may harm the exports of their states and undermine long-standing alliances US, writes Wall Street Journal. This shows that the biggest threat to the commercial intentions of Trump, who focus on new bilateral deals and more hard-line approach against countries that violate trade rules, comes from his party. The opposition Republicans, who control both chambers of Congress will hamper the efforts of the President to review the North American Trade Agreement (NAFTA) and to deal with trade distortions, which accuses China.
Republicans have long supported free trade and who are close to business groups have warned that the imposition of duties could lead to retaliation against US goods. Lawmakers from states where there is developed agriculture, are unhappy that Trump withdraw the country from Trade Partnership (TPP).
"I am more worried about what they can do renegotiating existing agreements than what they are doing bilaterally with countries with which no transactions. We know what we have and not think it's as bad as thought the president," said Republican Senator from Iowa Chuck Grassley.
Trump caused a wave of discontent, threatening to terminate traditional US trade policies and challenging orthodox Republican lawmakers who support free trade. In fact, few members of his party oppose him openly about the issue because they want to work with the president on other priorities. But as the trade policies of Trump on several fronts legislators are beginning to express reservations.
"My concern is that they make it too difficult entry into a trade agreement. When you subtract themselves from the field of multilateral opportunities, our trading partners will look elsewhere for leadership. That leadership can come from countries that do not follow the same norms and values like us, "said Republican Senator from Colorado Cory Gardner. 
Trump recently sent to Congress measures of commercial policy that supports aggressive use of a rarely used law to punish trading partners, and questioned the credibility of the WTO as an arbitrator in international disputes. Republicans responded with a strong statement in support of the organization and the existing American agreements.

Test for support

Trump intention to renegotiate NAFTA will be a test of support in Congress for its policies. US lawmakers watched carefully when Mexican lawmaker introduced a bill beneficial Latin American goods exported to the US grain. The move came as a result of warnings from Trump that NAFTA would be renegotiated and that Mexico will have to pay for the new border wall. "I'm worried because other countries Our answer: You want to build a wall, then you will not take your grain. If we talk about renegotiating NAFTA, we will actually lose in agriculture. So you really have to work very, very carefully" said Republican Senator from Iowa Johnny Ernst. According to Republican Senator Mike Lee of Utah, if Trump fulfill his threats to raise tariffs, "there may be some extreme economic consequences." 

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