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Economy

Pressure builds on White House to roll back tariffs to stem economic fallout from coronavirus

By Sean Higgins
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Pressure builds on White House to roll back tariffs to stem economic fallout from coronavirus

The threat of the coronavirus outbreak has trade groups pressuring President Trump to roll back the tariffs he has imposed on China as the best way to protect the economy.

Republican Sen. Steve Daines of Montana, a member of the Senate Finance Committee, echoed the call, saying a tariff rollback would “help stabilize markets” in turmoil due to the virus. He vowed Monday to lobby fellow lawmakers and the White House.

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Agriculture China COVID-19 Manufacturing Tariffs Trade