CNN’s Jim Acosta: Trump’s Tariffs ‘Could Absolutely Spark a Trade War’

RUSH EXCERPT:

ACOSTA: "The president was essentially doubling down on the comments he made yesterday, promising that tariffs are on the way against imports of steel and aluminum coming into the United States despite the human cry across Washington. Republicans all the way up to the House Speaker, Paul Ryan, really asking the president to change his mind on this issue. You saw what happened in the stock market yesterday. And then key U.S. Allies like the U.K. Putting out statements saying that they’re reviewing this to see exactly what they’re going to do in response. Because this could absolutely spark a trade war. You saw the president trading earlier this morning that trade wars can be a good thing and that they’re easy to win. That’s obviously unnerving the markets even more and could potentially have the kind of repercussions that people are warning about. People inside the president’s own camp are warning this could be a problem. Gary Cohen, the president’s top legal adviser, had reportedly told the president behind the scenes not to do this, and there are some in the White House that said Gary Kohn may be so up set this he may resign over it. We saw this in the White House earlier in the week, but now it’s spilling over to policy, wolf."