Tariffs Are A Solution In Search Of A Problem

The entire question of whether cheap imports from China are a bad thing should be carefully considered.

President Trump seems determined to press forward with the fulfillment of his campaign promise to enact protectionist…

In contrast to Mr. Trump's tweets claiming that the steel and aluminum industries are “dead” and in need of government revival, official statistics show a different story. Per a Commerce Department report, US steel production in 2017 increased by 3.4 percent. Steel mills were running at 74 percent of full capacity, a slight increase over 2016. At the same time, imports were slightly higher than in 2016, but fell in the last months of 2017.

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