PRESIDENT Trump is beginning to unveil the details of his tariffs on steel and aluminum, but they’re hard to hear above the noise. Democrats loudly rejoice in Trump’s folly, hoping the tariffs will erase the benefits of tax reform.
Republicans scream the lessons of Smoot-Hawley to anyone who will listen. Lobbyists march steelworkers to the cameras to explain how they would benefit, while Americans in industries that consume steel protest that higher prices might kill their jobs. Even the beloved (and aluminum-wrapped) Hershey’s Kiss is the subject of ear-splitting debate.
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