USA Trade Trap
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.