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  • The Christian Science Monitor

    Chamber of Commerce opposes a trade war. But can it deter Trump?

    Sep 19, 2018 4 minutes
    US Chamber of Commerce president and CEO Tom Donohue speaks to reporters at a Monitor Breakfast on Sept. 19 in Washington. He said trade policy is a top priority for the business group.

    If ever there was a good time for America to launch a trade war, this is it.

    The economy is booming. Jobs are plentiful. Even as tariffs begin to raise prices and slow business activity, things are going so swimmingly that consumers may barely notice.

    Even the politics pose little obstacle, with Republicans holding both houses of Congress and hesitant to challenge their president on trade while Democrats are divided over the issue.

    So as President Trump pushes trading partners to make concessions – and threatens a trade war if they don’t – he is doing so from a position of strength. His challenge is that the more he exerts his economic leverage

    Latest tariffs will affect consumersToo big an ‘ask’ from Trump to China?

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