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“Major announcement” on North Korea
due imminently...
due imminently...
He's convinced his base, and his base are idiots. When they pay a lot more for their next car or washing machine, or they get laid off from the Caterpillar factory, something else will be blamed -- probably immigrants, or Democrats.
The production of steel, in its entirety, is a $36B industry in the U.S. It's miniscule. There are three homebuilders in the U.S. that produce $36B in sales combined, out of 20,000+ companies. And FYI, they don't like the lumber tariffs slapped on them either.
It's absolute inanity.
or at the very least someone he owes money to
I would assume he is banking on the following equation going in his favour. He promised the rust belt jobs, if he gets them jobs the extra cost on products will be so diluted across the board your average American will barely notice. Those in the rust belt though! they will feel it positively, their friends and family's will benefit to. So i think the goodwill and votes earned from that will outweigh any negative feelings towards him.I am curious as to how he's convinced anyone that huge trade tariffs on metal is a good idea. Sure, you might get more steel work jobs, but literally everything involving metal you buy is going to cost more as you've done nothing to make producing steel in America cheaper? All you've done is increase the cost of steel in America