WASHINGTON — The Trump administration’s steel and aluminum tariffs are provoking a chain reaction around the globe, as governments from Europe to Canada prepare to erect barriers to prevent cheap metal once bound for the United States from entering their markets.
On Tuesday, Prime Minister Justin Trudeau of Canada announced a series of regulatory changes that would make it easier for border officials to block steel and aluminum imports into that nation. The European Union has begun a “safeguard investigation” that could result in tariffs or other trade actions if it determines that steel intended for the American market is being diverted to the bloc.
Continue reading: Trump’s Tariffs Trigger Global Chain Reaction to Halt Imports
The Secular Jurist 
What’s interesting is the way tRump spins it, I’m sure his supporters think the tariffs make good sense. But anyone who knows about such things is well aware of the damage it can and will do not only to the U.S. of A. but other countries as well.
Of course, he’s a really, really smart guy so I’m sure it will all work out.
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“Trade wars are good, and easy to win.” – President Trump, March 2nd 2018.
In the 1930s, the U.S. waged a trade war on Imperial Japan in retaliation for its invasion of China in which terrible atrocities were committed. The economic sanctions hit Japan’s expansionism very hard, and compelled it to seek a military solution – the attack on Pearl Harbor and four years of deadly, destructive war in the Pacific and Indian oceans.
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Reblogged this on sdbast.
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Robert I agree with you on trade wars. But imports have a huge impact on a society, both positive and negative. I believe in “free trade” with in structures to prevent unfair trade practices such as government sponsored business competing in non-government sponsored markets, or substandard items competing with more costly items that are manufactured to a mandated higher standard.
I may have misunderstood you in prior posts where I thought you were arguing against trade pacts like NAFTA or TTP. I got the idea you were against these negotiated free trade agreements. Hugs
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I just shared this article, Scottie. My opinions on trade or anything else are not expressed in this post.
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Oh sorry, I thought you were endorsing the idea of global trade. Be well. Hugs
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