White House spokeswoman Lindsay Walters told Axios the bill should not be taken as a done deal and some have even suggested the name was an act of subversion by a staff member.
The United States has imposed tariffs on European steel and aluminium imports and is conducting another national security study that could lead to tariffs on imports of cars and vehicle parts. Time to switch tactics, ' Scaramucci tweeted.
Trump was reportedly briefed on the draft in late May.
Trump's aggressive stance has roiled USA relations with allies and trading partners from Europe to China.
It should also come as no surprise that the act has a simple, blunt name: The Fair and Reciprocal Trade Act.
In the Axios story on the leaked text, the legislation is referred to as the "United States Fair and Reciprocal Tariff Act".
China, Canada, Switzerland, Norway, Turkey, Costa Rica, Hong Kong, Venezuela, Singapore, Brazil, South Korea, Mexico, Qatar, Thailand and India all echoed the same concerns and said they doubted the USA tariffs were in line with WTO rules.
US seeks ‘in vain’ to divide Iranians
Iranians have been hit by rising prices and record levels of unemployment have left a third of those under 30 out of work. In 2009, the European Union struck the Mujahideen from its list of terrorist organisations, where it had been since 2002.
World Cup hero Akinfeev says Russian Federation were aiming for penalties
Russian Federation will now meet Croatia in the Quarter Final at the Fisht Olympic Stadium, Sochi on Saturday, July 7, 2018. Koke's penalty was saved by Akinfeev and up stepped Golovin to smash home his kick and give the hosts the advantage.
Coffee is good for you, more science shows
A new study published Monday in Jama Internal Medicine found that drinking large amounts of coffee may help you live longer. Ingesting too much caffeine can result in anxiety, dizziness, upset stomach, a fast heartbeat and even muscle tremors.
Following news of the report, the U.S. Chamber of Commerce-a longtime capitalist juggernaut closely allied with Republican leaders and the Trump administration-launched a campaign to oppose the president's tit-for-tat tariff escalation.
President Donald Trump is really into starting and maintaining trade wars no matter how harmful, so it comes as no surprise that he wants to enact legislation allowing him to negotiate directly with other countries, ignoring precedent and rules and American interests.
But Trump's commerce secretary, Wilbur Ross, said earlier on Monday it was too soon for the United States to discuss any withdrawal from the World Trade Organization.
Trump has caused a crisis in the WTO by blocking the appointment of new trade judges, threatening to destroy the system of binding dispute settlement.
The White House didn't immediately respond to HuffPost's request for comment.
Simon Lester, associate director of the Trade Policy Center at the Cato Institute, wrote on the International Economic Law and Policy Blog that "I'm not taking this too seriously".
Trump also said USA officials would meet soon with European counterparts to discuss a spate over trade tariffs, saying the European Union wanted to "work something out".