Why Trump Is Cranky

Why Trump Is Cranky

Last week President Trump suddenly imposed tariffs on imported steel and aluminum, much to the horror of free-trade Republicans, economists, farmers, and Americans who make things out of metal or buy that kind of stuff. The market plunged, and trading partners prepared to retaliate. Mr. Trump made the move without the knowledge of White House staff because he was in a bad mood. Why was he cranky? For the past two weeks the president has been on a diet, eating salads instead of his adored Big Macs.

More:

“Officials try to contain damage from Trump trade war declaration,” Ben White and Nancy Cook, Politico

“This story about how Trump impulsively launched a trade war is shocking — and shockingly unsurprising,” Aaron Blake, Washington Post

“Trump was angry and ‘unglued’ when he started a trade war, officials say,” Stephanie Ruhle and Peter Alexander, NBC News

“Trump’s trade war could erase all the tax-cut gains,” John Podhoretz, New York Post

“Five US jobs will be lost for every new one created by Trump’s steel tariffs,” Heather Timmons, Quartz

“Trump’s Tariffs Dim the Prospects for Trump’s Wall,” Kriston Capps, CityLab

“Trump’s disdain for experts, even on his own staff, drives tariffs push,” Nancy Cook, Politico

Updates:

“As Trump weighs tariff, US steelmakers enjoy rising profits,” Paul Wiseman, Associated Press

“Even aluminum producers don’t want Trump’s aluminum tariff,” Preeti Varathan, Quartz

“Top economic adviser Gary Cohn leaves White House in wake of tariff rift,” Jeremy Diamond, CNN

“Trump Prepares to Formalize Tariffs but Floats Exemptions,” Ana Swanson, New York Times

Related:

“Shortly before Trump announced tariffs, his former adviser dumped millions in steel-related stocks,” Marwa Eltagouri, Washington Post

“Economists to Trump: It’s Not the Trade Deficit, Stupid,” Jessica Holzer, Foreign Policy

“How the U.S. Squandered Its Steel Superiority,” Stephen Mihn, BloombergView

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Short link: https://wp.me/p6sb6-rjj

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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