Congress

McConnell Warns Trump's Tariffs Could Cause Trade War

Senate Majority Leader Mitch McConnell says there's a "high-level of concern" among GOP lawmakers about President Trump's proposed tariffs.

McConnell Warns Trump's Tariffs Could Cause Trade War
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Senate Majority Leader Mitch McConnell says there's a "high level of concern" among Republican lawmakers about President Donald Trump's proposed tariffs on imported steel and aluminum. 

"There is a lot of concern among Republican senators that this could sort of metastasize into a larger trade war," McConnell said. 

McConnell also expressed concern over Trump's proposal to renegotiate the North American Free Trade Agreement, which he says has been a "big winner" for his home state of Kentucky.  

Paul Ryan Is 'Extremely Worried' About President Trump's Tariff Plan
Paul Ryan Is 'Extremely Worried' About President Trump's Tariff Plan

Paul Ryan Is 'Extremely Worried' About President Trump's Tariff Plan

But Donald Trump says he's "not backing down."

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"We are urging caution that this develop into something much more dramatic that could send the economy in the wrong direction," McConnell said. 

Earlier in the day, during a press conference with the Swedish prime minister, Trump defended his tariff proposal because he says the U.S. has been taken advantage of by other countries on trade. 

"We're going to straighten it out, and we'll do it in a very loving way," Trump said.