Jul 25 at 7:25 AM
By Sabrina Rodriguez | 07/25/2018 10:00 AM EDT
With help from Liz Crampton, Maggie Chan, Maria Curi and Maya Parthasarathy
GOP LAWMAKERS CRITICAL OF TRUMP’S PLAN: Trump’s bailout for the ag industry was not well received, even by many Republicans, who were critical of the idea of adding subsidies to counteract a trade war of the president’s making. Free traders — already furious with many of Trump’s protectionist leanings — were quick to slam the plan.
“This is becoming more and more like a Soviet-type of economy here: Commissars deciding who’s going to be granted waivers, commissars in the administration figuring out how they’re going to sprinkle around benefits,” Sen. Ron Johnson (R-Wis.) said. “I’m very exasperated. This is serious.”
White House-Congress divide widens: Trump’s move on Tuesday further highlights what’s become the largest divide between his presidency and Republican lawmakers. And while the president’s plan could be seen as an effort to quiet down GOP criticism, it had the opposite effect.
Renewed calls for trade deals: Senate Finance Chairman Orrin Hatch called for Trump “find a better approach” and “negotiate strong deals that help our farmers, ranchers and businesses compete around the world.”
Rep. Dave Reichert (R-Wash.), who chairs a subcommittee on trade, added that the plan does little to preserve market access lost as a result of tariffs.
“Some in the ag community, they say, ‘That’s great, thank you for the help’ — except that the problem then becomes we’ve lost the market, so how do we get the market back?” he said. “That’s the question.” POLITICO’s Burgess Everett has more.