comparemela.com

the president was making up on the spot, that's the way it looked to some white house staffers who were surprised by that. the plan was not to announce that, according to some reports. the only way the president can raise tariffs by executive order is to cite a national need to do that, otherwise congress could pass legislation to block the president's action if the president actually does take this action that he announced today. the stock market reacted badly to it today, dropping 420 points because wall street knows that tariffs are taxes. >> and those taxes are not paid by countries they're paid by american consumers, in effect. wall street knows that tariffs increase the cost of imported goods and increase the cost of goods in the united states. the president got zero support, not surprisingly, in congress today. here is the reaction of senator orrin hatch, who has

Related Keywords

Vladimir Putin ,Strange Lovian Way ,White House ,Reports ,Plan ,Executive Order ,Staffers ,Need ,Spot ,Action ,Congress ,Legislation ,Stock Market ,United States ,It ,Countries ,Steel Tariffs ,Taxes ,Consumers ,Points ,Effect ,Wall Street ,420 ,Cost ,Goods ,Orrin Hatch ,Reaction ,Support ,Zero ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.