Buzz & Beyond: Trump administration

Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams

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Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams

Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams

Source: The Guardian

Published: Feb, 21 2025 13:00

The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy. Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff on all imported steel. In doing so, he’s using tariffs as a blunt-force tool under the assumption that they’ll be sufficient to jump-start the American steel industry.

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