Republicans think Trump is losing trade war
By Alexander Bolton - 05/22/18 08:11 PM EDT President Trump is facing a significant backlash from Senate Republicans over his trade talks with China, which they see as delivering far less than he promised.
Several GOP senators say Trump has wound up on the losing side of the discussions, and his talk of lifting rules barring U.S. companies from selling to the Chinese telecommunications firm ZTE has prompted a revolt.
The Senate Banking Committee on Tuesday voted overwhelmingly in favor of an amendment to block Trump from easing penalties on ZTE, which violated U.S. sanctions by selling equipment to North Korea and Iran. The panel’s action followed a similar vote by a House panel last week.
Treasury Secretary Steven Mnuchin announced on “Fox News Sunday†that “we’re putting the trade war on hold†by pulling back on the threat of tariffs. But that announcement did not appease unhappy Republicans upset over the administration’s mixed messages.
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http://thehill.com/homenews/senate/388913-republicans-think-trump-is-losing-trade-war
