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Article snippet: Conservatives are worried a trade war with China could wipe out the positive economic benefits of the tax-cut law and cost Republicans their majorities in Congress. “What Republicans and MORE did in December was create this enormous, pro-growth tailwind going into this November's elections, and I think that they’ve needlessly created this headwind that could erase all of those gains,” said Andy Roth, vice president of government affairs at the conservative Club for Growth. “This is a huge unforced error,” he added. The tax law has been at the center of the GOP’s midterm messaging, with Trump and Republican lawmakers touting its boost to paychecks and the economy. In an appearance Thursday in West Virginia, Trump highlighted Sen. MORE’s (D-W.Va.) vote against the tax bill in a state where Republicans think they could win a Senate seat this fall. “The Democrats have a problem. I mean if you look at your senator, he voted against [the tax bill],” Trump said. But conservatives warn that message could be undercut if Trump’s actions on trade counteract the tax cuts’ benefits. Stocks have already fallen, with traders pointing their fingers to the tariffs as an explanation. When the final tax-reform package passed the House in December, the S&P 500 index was at 2,697. On Thursday, it closed at virtually the same level of 2,662. While that figure is up some 15 percent since Trump’s inauguration last year, it’s also a 9 percent drop from the market’s January peak. Tr... Link to the full article to read more