Trump's tariffs on Canada are worrying Republicans, a report says

 

 

Donald Trump's tariffs on Canada are worrying his party, the Republican Party, according to a report. There are concerns that this could hurt the party in the upcoming midterm elections. The new concerns are due to Trump's 35 percent tariff on Canadian products not covered by the USMCA agreement. The new taxes are in addition to existing tariffs on steel, aluminum and copper. This is likely to increase the price of food, clothing, cars and farm equipment.

Senator Rand Paul from Kentucky warned that the economy is showing signs of weakness. Senator Jerry Moran from Kansas added that the tariffs act like a tax and affect business growth. He also said that trade uncertainty is affecting employment and investment. Senator Mitch McConnell has also criticized Trump's tariffs. He said Trump is stirring up trouble at a time when he should be working with friends like Canada to defend against China's unfair trade policies. He also said that trade uncertainty is delaying jobs and investment.

McConnell, Paul and other senators introduced a resolution to repeal the 25% tariff, but it failed in the House. Trade expert Inu Manak has warned that the tariffs will soon lead to price increases. She said Republican leaders will face protests in their constituencies. Despite these concerns, the Republican Party has not taken significant steps to reduce the tariffs.