BREAKING NEWS Cal OES positions extra firefighting resources in Tehama and Colusa counties Full Story
BREAKING NEWS Latest from PG&E on potential PSPS power outages, possibly starting Sunday morning Full Story
SEVERE WX : Freeze Warning View Alerts
STREAMING NOW: Watch Now

Big business to Trump: Tariffs could backfire

The Business Roundtable has a message for President Trump: The tariffs your administration has proposed would backfir...

Posted: Feb 17, 2018 12:47 PM
Updated: Feb 17, 2018 12:47 PM

The Business Roundtable has a message for President Trump: The tariffs your administration has proposed would backfire.

On Friday, the Commerce Department publicly released its recommendations to the president on steel and aluminum imports. Commerce Secretary Wilbur Ross has put three options on the table: across-the-board tariffs, targeting select countries with even higher tariffs and capping how much steel comes into the country.

In a statement, the Business Roundtable, a Washington-based lobbying group that represents some of the most powerful businesses in the country, said it disagreed with the administration's entire rationale for taking action on steel and aluminum imports.

The Commerce Department is advising that Trump take action under a little known trade law from 1962.

If Trump invokes Section 232 of the Trade Expansion Act, as is recommended, that means he believes steel and aluminum imports hurt the country's national security.

Critics like the Business Roundtable say that justification is a stretch, and could open the door for tit-for-tat responses from other countries in the name of national security.

"Business Roundtable is concerned that acting on the Commerce Department's recommendations to use Section 232 to restrict steel and aluminum imports will result in foreign retaliation against U.S. exporters and harm the U.S. economy," the group said.

Related: Trump administration recommends steep tariffs on steel and aluminum

They continued: "Using Section 232 could embolden other countries to use 'national security' to restrict U.S. goods and services entering their markets. We urge the President not to take Section 232 action and, instead, develop a different approach to address global overcapacity of steel and aluminum that does not put the U.S. economy at such high risk."

The president has until April to choose any one of the options presented to him, or a combination.

California Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 898799

Reported Deaths: 17305
CountyConfirmedDeaths
Los Angeles2968216974
Riverside657571279
San Bernardino617261070
Orange580101440
San Diego53928867
Kern33669416
Fresno30471436
Sacramento25094482
Santa Clara23881388
Alameda23133456
San Joaquin21528488
Contra Costa18413240
Stanislaus17509396
Tulare17425284
Ventura14124162
Imperial12700336
San Francisco12032140
Monterey1128487
San Mateo11002159
Santa Barbara9715120
Merced9439154
Sonoma9163134
Kings820183
Solano728674
Marin7045128
Madera498174
San Luis Obispo412132
Placer408857
Yolo314458
Butte304652
Santa Cruz275325
Napa192815
Shasta183930
Sutter183712
San Benito143215
El Dorado13084
Yuba129310
Mendocino112121
Tehama8528
Lassen7641
Lake67915
Glenn6523
Nevada6038
Humboldt5619
Colusa5496
Calaveras33917
Amador31716
Tuolumne2624
Inyo22715
Siskiyou1880
Del Norte1781
Mono1762
Mariposa782
Plumas630
Modoc290
Trinity260
Sierra60
Alpine30
Unassigned00
Chico
Clear
61° wxIcon
Hi: 75° Lo: 48°
Feels Like: 61°
Oroville
Clear
60° wxIcon
Hi: 76° Lo: 48°
Feels Like: 60°
Paradise
Clear
61° wxIcon
Hi: 68° Lo: 46°
Feels Like: 61°
Chester
Clear
37° wxIcon
Hi: 64° Lo: 33°
Feels Like: 29°
Red Bluff
Clear
51° wxIcon
Hi: 76° Lo: 48°
Feels Like: 51°
Willows
Clear
61° wxIcon
Hi: 77° Lo: 45°
Feels Like: 61°
Fire danger will be extreme Sunday-Monday as the biggest dry wind event of the season takes shape. A widespread freeze in the Sierra-Cascades as low as single-digit values possible Sunday night. Mild & sunny weather after Tuesday.
KHSL Severe
KHSL Radar
KHSL Temperatures

Community Events