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Top Republican senator says he will immediately introduce a bill to 'nullify' Trump's massive tariffs

Bob Bryan   

Top Republican senator says he will immediately introduce a bill to 'nullify' Trump's massive tariffs
Stock Market1 min read

Jeff Flake

Win McNamee/Getty Images

Jeff Flake.

  • President Donald Trump announced new tariffs on steel and aluminum on Thursday.
  • Republicans do not like these tariffs.
  • GOP Sen. Jeff Flake wants to pass a bill to block them.

Republican Sen. Jeff Flake wasted no time responding to President Donald Trump's new tariffs on steel and aluminum on Thursday, rolling out a bill to reverse the decision.

Flake said the new tariffs, which function as taxes on imports, of 25% on steel and 10% on aluminum would be detrimental to the US economy and must be stopped.

"These so-called 'flexible tariffs' are a marriage of two lethal poisons to economic growth - protectionism and uncertainty," Flake said in a statement. "Trade wars are not won, they are only lost."

A slew of Republicans, including House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, expressed concern about the tariffs in the run up to the announcement. Trump ultimately backed down slightly from what were initially described as broad-reaching, indiscriminate tariffs, exempting Canada and Mexico as well as creating a pathway to exemption for other nations.

But Flake said that was not enough and Congress must act.

"Congress cannot be complicit as the administration courts economic disaster," the Arizona senator said. "I will immediately draft and introduce legislation to nullify these tariffs, and I urge my colleagues to pass it before this exercise in protectionism inflicts any more damage on the economy."

While Republicans came out against the trade measure, Flake is the first to announce a legislative response.

Flake has been a vocal critic of the president. He is set to retire after 2018.

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