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Are Trump’s Tariffs A Good Idea?

He is protecting American workers

Many industries would suffer a lot

 Getty: Joe Raedle / Staff

While the economic results of introducing new tariffs on steel and aluminum imports could be mixed, Trump is responding to the pain that blue-collar workers have felt due to globalization, infers Patricia Murphy of Roll Call. Many of the people that put him in office have suffered because of international trade. Trump is rewarding their faith and intensifying their support with these tariffs. Even though trade offers other economic benefits, his base sees things otherwise. They are fed up with politicians that enable globalization. The president knows exactly how to grow working class people’s support, by appealing to the issues that matter to them.

Keep on reading at Roll Call

President Trump is shooting himself and American workers in the foot with import tariffs on steel and aluminum that will unsettle the economy, holds Marc Thiessen of Fox News. By one estimate, this change would cost the country five jobs for every job it creates. He's trying to protect 140,000 steel industry jobs with policies that will directly influence America’s 6.5 million jobs in industries that rely on steel. Workers in the car industry would suffer. Companies could move abroad to escape the high cost of steel. Trade partners could impose their own tariffs on US goods. Rebuilding America’s infrastructure would become more expensive. Trump’s tariffs are a bad idea.

Keep on reading at Fox News
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