Podcast: The Risks to Trump's Unconventional Approach to Tariffs, North Korea
CQ on Congress, Episode 94

President Donald Trump, right, and Swedish Prime Minister Stefan Lofven participate in a joint news conference in the East Room of the White House March 6, 2018 in Washington, DC. (Alex Wong/Getty Images)

CQ trade reporter Ellyn Ferguson and defense reporter John M. Donnelly spell out the risks posed by President Donald Trump's decision to impose tariffs on steel and aluminum imports and his agreement to meet with North Korean leader Kim Jong-un.

Show Notes:

Watch: Trump Signs Steel and Aluminum Tariffs

107 House Republicans Urge Trump To Narrow Tariff Proposal
Letter suggests steps that can be taken to 'minimize negative consequences'

Ways and Means Kevin Brady, R-Texas, led a letter of House Republicans urging the president to take steps to minimize negative consequences if he moves forward with his plan to impose tariffs on steel and aluminum imports. (Bill Clark/CQ Roll Call file photo)

Nearly half of the House Republican Conference sent a letter to President Donald Trump Wednesday expressing “deep concern” about his plan to impose tariffs on steel and aluminum imports and outlined steps he should take to minimize negative consequences.

Led by Ways and Means Chairman Kevin Brady and Trade Subcommittee Chairman Dave Reichert, the letter reflects warnings that congressional Republicans have been communicating to Trump since he announced plans last week to impose a broadly applied 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports.

The Most Unified Republican Party Ever? Not Exactly

Ryan Pushes Trump to Take ‘More Surgical’ Approach to Tariffs
‘We’ve had multiple conversations about this. He knows our view,’ speaker says

Speaker Paul Ryan, R-Wis., conducts his weekly news conference in the Capitol Visitor Center on February 15, 2018. (Tom Williams/CQ Roll Call file photo)

Speaker Paul D. Ryan said Tuesday he’s had multiple conversations with President Donald Trump in which he has urged the president to take “a more surgical approach” to instituting tariffs on steel and aluminum imports.

“There is clearly abuse occurring; clearly there is overcapacity, dumping and transshipping of steel and aluminum by some countries, particularly China,” the Wisconsin Republican said. “But I think the smarter way to go is to make it more surgical and more targeted.”

House Republicans Want Trump to Curtail Tariff Plans, Avoid Legislation
Many in GOP want to avoid a ‘direct affront’ to the president, Sanford says

Speaker Paul D. Ryan and Ways and Means Chairman Kevin Brady have urged President Donald Trump not to move forward with sweeping tariffs on steel and aluminum imports. (Tom Williams/CQ Roll Call file photo)

House Republicans want President Donald Trump to scale back his plan to institute sweeping tariffs on steel and aluminum imports — apparently so they can avoid taking legislative action against him.

Speaker Paul D. Ryanis urging the president not to move on the plan he announced Thursday to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports. 

Paul Ryan ‘Worried About the Consequences of a Trade War’
Spokeswoman says speaker doesn’t want to jeopardize gains of new tax law with tariffs

Speaker Paul D. Ryan, R-Wis., has concerns about President Donald Trump’s plan to impose new tariffs on imported steel and aluminum. (Bill Clark/CQ Roll Call file photo)

Speaker Paul D. Ryan is urging President Donald Trump to reconsider his plan to institute tariffs on imported steel and aluminum, the highest-ranking Republican to push back on the plan. 

“We are extremely worried about the consequences of a trade war and are urging the White House to not advance with this plan,” Ryan spokeswoman AshLee Strong said. “The new tax reform law has boosted the economy and we certainly don’t want to jeopardize those gains.” As speaker, Ryan is second in line to the presidency, after the vice president, under the Constitution. 

Ryan Bucks Trump, Says Congress Will Not Raise Tariffs
Speaker’s comment breaks from president-elect’s promise to impose ‘border tax’

Speaker Paul Ryan said Congress will not raise tariffs, undermining President-elect Donald Trump’s plan to institute a “border tax” for companies that leave the U.S. but want to continue doing business here. (Tom Williams/CQ Roll Call file photo)

Speaker Paul D. Ryan, in a break from President-elect Donald Trump, said Wednesday that Congress is not going to increase taxes on imports and exports through tariffs. 

“We’re not going to be raising tariffs,” Ryan said on “The Hugh Hewitt Show.”