White House Opens Door to Compromise on Tariffs

“President Trump, facing an angry chorus of protests from leaders of his own party, including House speaker Paul Ryan, insisted on Monday that he would not back down from his plan to impose across-the-board tariffs on steel and aluminum imports. But the White House was devising ways to potentially soften the impact of the measures on major trading partners,” the New York Times reports.

“The intense maneuvering, which began before Mr. Trump’s unexpected announcement of the tariffs last Thursday, is likely to delay any formal rollout of the measures until next week, according to several officials who have been briefed on the deliberations.”

Politico: “Gary Cohn and other free-trade advocates inside the White House and the Treasury Department are mounting a last-ditch effort to blunt the impact of Trump’s head-turning decision.”

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