Russia points fingers elsewhere.
President Trump is pushing hard for tariffs on steel and aluminum. A move that has now cost him his top economic adviser, Gary Cohen. Many Republicans and America’s allies don’t like the idea. Nor do the markets.
But the White House says the current setup penalizes those who matter most.
We are on the losing side of almost all trade deals. Our friends and enemies have taken advantage of the U.S. for many years. Our Steel and Aluminum industries are dead. Sorry, it’s time for a change! MAKE AMERICA GREAT AGAIN!
— Donald J. Trump (@realDonaldTrump) March 5, 2018
“Of course, if you go to Ohio or Pennsylvania or you go the heartland of American Main Street, there’s universal support,” said White House trade and manufacturing policy director Peter Navarro this week.
Is Trump’s talk of imposing tariffs a move to benefit domestic manufacturing … or just to please his political base? And what might the backlash be here and abroad?
- Shawn Donnan World trade editor, covering international economics for Financial Times; @sdonnan
- Veronique de Rugy Senior research fellow at the Mercatus Center, George Mason University; previously resident fellow, American Enterprise Institute and policy analyst, the Cato Institute; @veroderugy
- Michael Stumo CEO, the Coalition for a Prosperous America
- Mike Hicks Grain dryer service technician, Whetstone AG Supply
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