Paul Ryan Criticizes Trumps China Tariffs, Saying They Arent "the Right Way To Go

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WASHINGTON

-- House Speaker Paul Ryan reiterated his opposition to President Trump's decision to impose tariffs on steel and aluminum imports, saying they aren't "the right mechanism" to punish unfair trade practices by China.

"I don't want to hamstring the president's negotiating tactics, but I've long said I don't think tariffs are the right way to go," Ryan said at a press conference after a meeting of House Republicans on Wednesday. "I think there are legitimate, absolutely unfair trade practices, particularly by China, that we and our allies should be confronting, so that is important to point out ... I just don't think tariffs are the right mechanism to do that."

The Trump administration is readying tariffs on another $200 billion in Chinese imports in an escalating trade dispute affecting thousands of products. Last Friday, the U.S. imposed 25 percent tariffs on $34 billion in Chinese goods, and Beijing responded by imposing an equivalent levy on U.S. imports.

Source : https://www.cbsnews.com/news/paul-ryan-criticizes-trumps-china-tariffs-saying-they-arent-the-right-way-to-go/

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