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Trade Policy: Executive Action and Issue Pits

trade policy: The issue pits Trump's populist promises to his voters against the party's free trade orthodoxy and the interests of business leaders, according to CTV. Unlike recent immigration and gun policy changes that require legislation, Trump can alter trade policy by executive action. But Trump's decision to seek steep tariffs on steel and aluminum imports has provoked rarely seen urgency among Republicans, now scrambling to convince the president that he would spark a trade war that could stall the economy's recent gains if he doesn't reverse course. That intensifies the pressure on Republican lawmakers to change his mind before he gives his final approval for the penalties as early as this coming week. He also railed about very stupid trade deals by earlier administrations and said other countries laugh at what fools our leaders have been. Trump on Saturday showed no sign of backing away, threatening on Twitter to impose a tax on cars made in Europe if the European Union responds to the tariffs by taxing American goods. ( As reported in the news.