American consumers and the stock market are not the only groups seeking relief from President Donald Trump’s whipsaw trade actions; Senate Republicans also hope to find an exit off the Trump tariff train.
Trump appears uninterested in stopping the tariff steamroller. At midnight, the administration is set to levy an additional 50 percent tariff on China if China does not retract its 34 percent retaliatory tariff. That would boost the tariffs on Chinese goods to an extraordinary 104 percent.
