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Article snippet: GOP nerves are on edge over the direction of MORE’s economic policy, given the prospects for new tariffs and the resignation of Gary Cohn, whom they viewed as a voice of reason within the administration. For a GOP used to dealing with pro-trade Republican presidents, the threat to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports has been a thunderbolt. It has left lawmakers worried about what could come next and whether Trump might follow through on threats to rip up the North American Free Trade Agreement (NAFTA) with Canada and Mexico or limit car imports from Europe. Republicans won some good news on Wednesday when the White House signaled that Trump’s plan to impose tariffs on steel and aluminum imports could be modified to exclude U.S. allies. “We expect that the president will sign something by the end of the week and there are potential carveouts for Mexico and Canada based on national security, and possibly other countries as well,” White House press secretary Sarah Huckabee Sanders told reporters. Her comments suggested a GOP effort to sway the administration to soften Trump’s approach was succeeding. On Wednesday afternoon, more than 100 House lawmakers led by Ways and Means Committee Chairman MORE (R-Texas) delivered a letter to Trump urging caution. “Because tariffs are taxes that make U.S. businesses less competitive and U.S. consumers poorer, any tariffs that are imposed should be designed to address specific ... Link to the full article to read more