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Trump tariffs freeze investments, split Republicans, hurt allies, boost China

March 5, 2018 by Richard Schulman 1 Comment

President Trump announced 25% steel tariffs and 10% aluminum tariffs in the name of military security. The tariff announcement will freeze US investments, split Republicans, hurt US allies (especially Canada), and boost the influence of China as an economic, diplomatic, and military power. The Trump tariffs, however, have near unanimous Democratic Party support. A U.S. […]

Filed Under: Trade  Tagged: Canada, China, Chrystia Freeland, Gary Cohn, tariffs, World Trade Organization (WTO)

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