President Trump’s final order to slap sweeping tariffs on imported steel and aluminum looks less like an effort to preserve national security and more like an attempt to create a giant bargaining chip that the president can play around the world. A week after haphazardly announcing across-the-boar…
President Trump’s final order to slap sweeping tariffs on imported steel and aluminum looks less like an effort to preserve national security and more like an attempt to create a giant bargaining chip that the president can play around the world.
A week after haphazardly announcing across-the-board tariffs on imported metals, Trump on Thursday signed orders that would impose duties of 25% on foreign steel and 10% on aluminum. The levies take effect in 15 days.
In doing so, the president swept aside a flurry of warnings from ally nations, companies and lawmakers from his own party, who worry Trump’s actions will ignite a dangerous trade war that costs more American jobs than it saves.
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