USA Trade Trap

Submitted by ub on

Whatever happened to the artful deal? Who claimed to be a star negotiator? Why does @POTUS like trade wars and is reportedly planning to impose up to 25% tariffs on imported steel and 10% on aluminum as his attempt to save US industry?

Tariffs may bring instant cheers but stoke industry full of fears of trade wars this year, rising costs and layoffs across #USA.

The fear is that it could raise costs on everything from airplanes to beer cans. The wider worry is the potential for retaliatory measures by other countries that could hurt exports and jobs.

Trump embracing potential for trade war https://www.apnews.com/30444b00e74c4670a1ef98f2bdd3bb8b

Trump defiant over tariffs https://usat.ly/2FcHJcp

Theresa May warns Trump not to launch a trade war with Europe http://businessinsider.com/theresa-may-donald-trump-trade-war-europe-ta…

Markets may need to buckle up for trade tensions over the long haul https://bloom.bg/2Fh9vEs

China warned it will retaliate if Trump wages a trade war http://bit.ly/2D0jdsM

Businesses Duck And Cover As Trump Says Trade War Is 'Easy To Win' https://n.pr/2FLnUtt