Trump also got more pushback on his tariff plans from the U.S. Congress on Wednesday as a bipartisan group of senators, led by Republican Rob Portman of Ohio, launched new legislation that would scale back the president's power to impose tariffs for national security reasons under a Cold War-era trade law.
LAUNCESTON: US President Donald Trump claims that his tariffs on trade are “working big time”, but this ignores signs that the best hope the United States had for boosting exports to China is being crushed as Beijing clamps down on energy imports.
One of Trump’s stated aims in launching tariffs against Chinese imports was to lower the trade deficit between the United States and China, which is in the region of US$375bil a year.
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