Jack up the price of raw steel and you kneecap every downstream industry that uses steel. GWB tried this early in his term. A friend who runs a metal stamping plant that makes parts for many U.S. manufacturers across a wide variety of product lines told me that with 43’s import duties his price for raw steel exceeded the price of finished parts imported from Mexico and elsewhere. Bush reconsidered when the U.S. automakers, heavy equipment manufacturers and machine tools industries started getting hammered. Trump will learn the same lesson.
Trump will learn the same lesson.
I don’t think so. Trump won’t sell out our industrial future for a few cents. He has more sense.