Senators found a White House meeting on trade last week “not very helpful.”
By Seung Min Kim and Seung Min Kim White House reporter Email Bio Follow Erica Werner Erica Werner Congressional reporter focusing on economic policy Email Bio Follow May 6 at 8:12 PM President Trump’s threat to impose tariffs on $200 billion of Chinese goods has further inflamed the relationship between him and Senate Republicans over trade, as the GOP lawmakers fight an increasingly losing battle to push Trump away from his protectionist instincts.
Senate Majority Whip John Thune , who met with Trump last week on the issue, said Monday evening he was worried about the potential impact of Trump’s latest threat against China and that other Republicans were trying to make their case to the White House. That much was clear in a private White House meeting late last week, when a half-dozen Republican senators on the powerful Finance Committee had assembled to argue against Trump’s tariffs, both on foreign steel and aluminum and the threatened levies on autos.
Asked how successful the Thursday meeting in the Roosevelt Room was, Finance Committee Chairman Charles E. Grassley responded Monday: “Not very successful.” The Dow Jones industrial average on Monday plummeted more than 471 points, but recouped most of those losses by the end of the day — although the administration laid out its accusation against the Chinese of “reneging” on the trade commitments after the markets had closed.
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