Trump Heads to G-7 Isolated by Tariffs, Estranged From Allies

The following article by John T. Bennett was posted on the Roll Call website June 7, 2018:

‘There is a growing frustration,’ Ways and Means Chairman Brady says

One analyst says this weekend’s G7 summit will be more like a “G6+1,” with President Donald Trump isolated from other leaders, angry over his steel and aluminum tariffs. Credit: Sarah Silbiger, CQ Roll Call

President Donald Trump will arrive Friday at a G-7 meeting in Canada, with no specific goals for the summit and under fire from Republican lawmakers and the very world leaders with whom he will spend the weekend.

The U.S. leader’s steel and aluminum tariffs have upset other heads of state and caused many to retaliate with their own proposed fees on U.S. goods such as bourbon and cheese. Among the agitated leaders are those from G-7 countries such as Canada and the United Kingdom. But before the president hears new pleas from Canadian Prime Minister Justin Trudeau and British Prime Minister Theresa May to drop the tariffs, he is getting an earful from members of his own party.

“There is a growing frustration in the House about the impact of these [steel and aluminum] tariffs back home and the need for a much stronger partnership with the administration on the strategy, on the exemptions — especially for our key trading partners like Canada, Mexico and Europe,” House Ways and Means Chairman Kevin Brady said Wednesday.

And when it comes to working with the White House to obtain exclusions for specific products, the influential Texas Republican — who often talks to Trump and has been publicly praised by him — said this: “No one is satisfied with [that], frankly.” He added that he expects the administration to address the concerns of members of both parties. Continue reading “Trump Heads to G-7 Isolated by Tariffs, Estranged From Allies”

GOP tax message hits a snag

The following article by Naomi Jagoda and Niv Elis was posted on the Hill website March 30, 2018:

Credit: Alex Edelman/picture-alliance/dpa/AP

More than three months after the passage of the GOP’s tax-cut law, new surveys suggest that many people don’t think they are getting bigger paychecks, which could cut into support for Republicans in this fall’s midterm elections.

A CNBC poll this week stated that just 32 percent of working adults reported having more take-home pay due to the new law, a problem for Republicans hoping to run on the measure and the health of the economy in November.

The GOP has made the tax-cut law the centerpiece of its campaign message, arguing that Republican control of Congress and the White House led to legislation that is putting more money in people’s pockets and stimulating an economy with low unemployment. Continue reading “GOP tax message hits a snag”

Trump’s tax law creates new challenges for IRS

The following article by Naomi Jagoda was posted on the Hill website December 23, 2017:

Credit: Evan Vucci/AP Photo

The Republican tax bill is the law of the land — but for federal officials, the work is just beginning.

The Treasury Department and the IRS now have a mammoth task on their hands as they seek to turn the sweeping tax provisions passed by Congress into new rules and regulations. Continue reading “Trump’s tax law creates new challenges for IRS”