Thursday, April 5, 2018

Tariffs ensure aluminum and steel jobs are here to stay

Via Billy

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China’s announcement Wednesday that it plans to slap tariffs on $50 billion worth of U.S. products is a clear threat to President Trump after his announcement last month to impose tariffs on imports of aluminum and steel from other nations and his announcement Tuesday that he plans to impose tariffs on $50 billion in imports from China.

Already, many policymakers, Wall Street analysts and pundits have quickly jumped to doomsday scenarios over trade wars. And dozens of countries are also lobbying the president for exemptions from the steel and aluminum tariffs.

While I have major policy differences with President Trump and his administration, it is essential that he stay the course and not cower to China’s bullying. Our political leaders should not take this tremendous victory away from tens of thousands of America’s aluminum and steelworkers by reversing or watering down the president’s decision.

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