WASHINGTON (AP) — President Donald Trump’s allies on Capitol Hill are scrambling to soften the blow from his trade war with China amid mounting anxiety…
WASHINGTON (AP) — President Donald Trump’s allies on Capitol Hill are scrambling to soften the blow from his trade war with China amid mounting anxiety from farm-state lawmakers that the protracted battle and escalating tariffs could irreparably damage their local economies.
Vice President Mike Pence met privately Tuesday with Senate Republicans for a second week in a row and urged them to stick with the White House. Senators were working with the administration to craft a relief package for farmers and ranchers, some $15 billion that Trump announced this week would be coming soon. Details of the package remained in flux.
“One thing I think we all agree on is that nobody wins a trade war,” Senate Majority Leader Mitch McConnell said after the private lunch meeting.
McConnell said there was hope that the tough negotiating tactics being used by the administration “get us into a better position, vis-à-vis China, which has been our worst and most unfair trading relationship for a very long time.”
Pence heard an earful from senators last week as uncertainty mounted.
The administration on Friday launched a fresh round of tariffs on some $250 billion of Chinese goods; China retaliated this week with tariffs on $60 billion on American goods on top of those already hurting U. S. markets.
The tariffs risk spiking prices for U. S. consumers while leaving growers with commodities they cannot sell to the Chinese markets.
