Donald Trump's neanderthal impulse has been activated once again.
He will impose steel and aluminum tariffs on Canada, the European Union and Mexico. The regions were previously exempted from the tariffs.
A 25 percent tariff on steel and a 10 percent tariff on aluminum from the European Union, Canada and Mexico, which supply nearly half of America’s imported metal, will go into effect at midnight Thursday, Wilbur Ross, the commerce secretary, said on a call with reporters.
This will only hurt consumers by limiting supply and causing an increase in prices---not to mention that there are likely to be retaliatory actions from the countries that Trump has targetted.
-RW
When did Neanderthals ever start a trade war or impose tarriffs on others? Maybe they did, but what evidence do we have?
ReplyDeleteI wish Trump would stick mostly to kicking out the worthless brown people flooding our border and other illegal immigrant groups. That would do much for America in a positive way.
ReplyDeleteNo one cares
Delete