March 08, 2018

Trump Knows the Best Trade Wars. The Very Best.

Source: Foreign Policy

Journalist: Keith Johnson

U.S. President Donald Trump on Thursday followed through on his threats to levy across-the-board tariffs on steel and aluminum imports, though he gave a temporary respite to Canada and Mexico while trade talks continue among the three countries.

Trump’s proclamation from the Roosevelt Room in the White House, where he was flanked by steel and aluminum workers, ignored desperate pleas from his own now-departed economic advisers, a big chunk of the Republican Party, overseas allies, and most of the U.S. business community. The 25 percent tariffs on imported steel and 10 percent on aluminum will take effect in two weeks.

Read the full article in Foreign Policy.

Author

  • Patrick M. Cronin

    Former Senior Advisor and Senior Director, Asia-Pacific Security Program

    Patrick M. Cronin is a former Senior Advisor and Senior Director of the Asia-Pacific Security Program at the Center for a New American Security (CNAS). Previously, he was the ...