Wednesday, February 12, 2025

As He Threatens

President Trump gave the economy another jolt of uncertainty on Monday when he signed executive orders imposing 25% tariffs on all steel and aluminum imports.  His advisers say these tariffs are economically "strategic" rather than a bargaining chip for some other goal.  Is the strategy to harm U.S. manufacturers and workers?

That's what his first-term tariffs did, and it's worth revisiting the damage of that blunder as he threatens to repeat it. 

-- Wall Street Journal Editorial Board, "The Truth About Trump's Steel Tariffs" (10 February 2025)

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