Speaker Paul Ryan (R-WI 1st District) will not support President-elect Donald Trump’s economic plan to bring jobs back to the U.S.
Trump has supported a “border tax” on companies leaving the United States in search of cheap labor but who wish to continue to sell to the U.S market.
Ryan said Wednesday on The Hugh Hewitt Show “We’re not going to be raising tariffs.”
“The speaker is against tariffs,” Ryan’s spokeswoman AshLee Strong said. These statements are a clear attempt to undermine President-elect Donald Trump’s economic plan to bring jobs back to America.
Perhaps the most central theme of Donald Trump’s campaign was bad trade deals and the resulting trade imbalance with Mexico and Asia.
As roll Call reported “In a December 4 tweet, Trump referenced his plan for “a tax on our soon to be strong border of 35%” for companies that leaves the United States or builds a new factory or plant overseas. The president-elect’s team has reportedly been mulling a 5 percent to 10 percent tariff.”
One week from today, on Friday, January 20, 2017, Donald Trump will be inaugurated. America will find out whether Trump will be able to maneuver his economic plan through congress or whether Speaker Ryan will be able to kill it. Only time will tell.