Posts Tagged ‘tariffs’

Why Trump Is Cranky

March 5, 2018

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

(more…)

Trump Erects Trade Barrier With Canada

April 28, 2017

US Erects Trade Barrier With Canada
Developer-in-Chief Donald Trump just increased the cost of America’s new homes and decreased US construction jobs. How? putting a punitive tariff on imports of wood from Canada. “We’re going to be putting a 20 percent tax on softwood lumber coming in — tariff on softwood coming into the United States from Canada,” tweeted the president.

Canadian softwoods — pine, spruce, fir — are used to frame most new home construction in the USA.

More:

“In New Trade Front, Trump Slaps Tariff on Canadian Lumber,” Peter Baker and Ian Austen, New York Times

“Why Is Trump Bashing Canada All of a Sudden?” Joshua Keating, Slate

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Image (“Scott Walker’s Northern Border, after Alex Anderson, Jr.”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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