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Tags: tom delay | tariffs | trade surplus | free trade | steel | aluminum

DeLay: America Consumes Too Much to Have Trade Surplus

(Newsmax TV's "Newsmax Now")

By    |   Thursday, 08 March 2018 06:52 PM EST

The United States is such a big consumer it will never have a trade surplus, and tariffs on imports are not necessary, ​former House Majority Leader Tom DeLay told Newsmax TV.

The Texas Republican told "Newsmax Now" host John Bachman he hopes President Donald Trump backs away from his proposal to institute tariffs on imported steel (25 percent) and aluminum (10 percent).

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The United States is such a big consumer it will never have a trade surplus, so that is not a viable reason to institute tariffs, according to House Majority Leader Tom DeLay.
tom delay, tariffs, trade surplus, free trade, steel, aluminum
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2018-52-08
Thursday, 08 March 2018 06:52 PM
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