go to top
President Donald Trump arrives to speak about the new North American trade agreement in Warren, Mich. President Donald Trump arrives to speak about the new North American trade agreement at Dana Incorporated in Warren, Mich., Jan. 30, 2020 (AP photo by Evan Vucci).

Even the White House Admits Trump’s Tariffs Are Hurting U.S. Manufacturing

Tuesday, Feb. 4, 2020

In a month spent celebrating supposed trade triumphs, the White House quietly conceded that some of President Donald Trump’s tariffs, on imports of steel and aluminum, were in fact failing to achieve their stated aim of boosting American production. But instead of rolling the tariffs back, Trump issued new ones.

Late on a recent Friday night, a time when all presidents try to bury bad news, the White House released a proclamation in which Trump ordered new tariffs on nails, wire, car bumpers and certain other metal-based products because increased imports of those “derivative” products were “undermin[ing] the purpose” of the initial tariffs on steel and aluminum, which were imposed in the name of national security. These new tariffs likely won’t be the last. Expect another round of them after increased imports of downstream goods that already incorporate nails, metal tacks and wire cables again undermine the goal of helping American industry. It is also likely to be the beginning of another lengthy legal battle, since it is not clear that the president still has the authority to increase tariffs in this way. ...

To read more,

enter your email address then choose one of the three options below.

Subscribe to World Politics Review and you'll receive instant access to 10,000+ articles in the World Politics Review Library, along with new comprehensive analysis every weekday . . . written by leading topic experts.