Wednesday, March 7, 2018

Americans should applaud Trump for starting to end our nation's wholesale surrender on trade

Via Billy 

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National Economic Council Director Gary Cohn (before his resignation in protest Tuesday) was marshalling Wall Street collaborators and global companies to attack the tariffs proposal, even though taken to their maximum extent the tariffs would mean a $9 billion cost spread through a $20 trillion economy.

President Trump is right to call for tariffs on steel and aluminum imports. Tariffs are often used as a last resort, but the domestic steel industry has reached that point. Rather than attacking the president for his proposal, all Americans should applaud him for beginning to end our nation’s wholesale surrender on trade.

The president’s action is already producing results, as U.S. Steel announced Wednesday that it will restart one of its idled blast furnaces in Granite City, Illinois and create approximately 500 jobs.

I have visited communities deeply affected by steel imports.

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