Scott Walker calls on Trump to 'reconsider' tariffs

Scott Walker calls on Trump to 'reconsider' tariffs
© Greg Nash

Wisconsin Gov. Scott Walker (R) urged President TrumpDonald John TrumpAdvisor: Sanders could beat Trump in Texas Bloomberg rips Sanders over Castro comments What coronavirus teaches us for preventing the next big bio threat MORE to "reconsider" the tariffs on aluminum and steel that he announced Thursday, saying in a statement that the proposed policies would have a "negative impact" on American companies and workers.

In his statement, Walker said that the effect of the proposed tariffs would be more U.S. companies sending jobs overseas.

"As I described to U.S. Secretary of Commerce Wilbur RossWilbur Louis Ross2020 census to run ads on 'Premio lo Nuestro' Can the US slap tariffs on auto imports? Not anymore On The Money: Slowing economy complicates 2020 message for Trump | Tech confronts growing impact of coronavirus | Manufacturing rises after five-month contraction MORE last year, there is not a market in America that can support the demand for ultra-thin aluminum for employers here in Wisconsin and across the country," Walker said. "Ironically, the American companies who will feel the negative impact of tariffs can actually move their operations to another country, such as Canada."

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"This scenario would lead to the exact opposite outcome of the administration's stated objective, which is to protect American jobs," he added.

"With this in mind, I respectfully ask the President and his administration to reconsider their position on these tariffs."

Trump shocked many on Thursday when he announced new planned tariffs of 25 percent on steel and 10 percent on aluminum, using a law allowing the president to crack down on imports that the White House deems a threat to national security.

The president doubled down on his announcement Friday, claiming that a global trade war would be "easy" to win in an early-morning tweet.

“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win,” Trump tweeted.

Other Republican lawmakers have expressed skepticism over the president's new tariffs, including Nebraska Sen. Ben SasseBenjamin (Ben) Eric SasseThis week: House to vote on legislation to make lynching a federal hate crime Overnight Health Care: Nevada union won't endorse before caucuses after 'Medicare for All' scrap | McConnell tees up votes on two abortion bills | CDC confirms 15th US coronavirus case McConnell tees up votes on two abortion bills MORE (R) who called the plan "kooky."

“Trade wars are never won. Trade wars are lost by both sides,” Sasse said Friday.

“Kooky 18th century protectionism will jack up prices on American families — and will prompt retaliation from other countries,” the senator continued in a statement. “Make no mistake: If the president goes through with this, it will kill American jobs — that’s what every trade war ultimately does. So much losing.”

The Dow Jones industrial average closed down 420 points Thursday following Trump's announcement and has lost more than 200 points on Friday.