Saturday, March 3, 2018

Fair trade

One of the many things that cause consternation among the Trump watchers is his lack of political consistency. The latest example is the proposed import tax on steel. Just a few years ago President Obama came up with a similar idea and it was met with loud protest. THE OBAMA administration may have taken a page out of GOP front-runner Donald Trump's book this week after receiving criticism for months for not being tough enough on international trade standards. The Commerce Department announced Tuesday a wide-ranging slew of tariff increases on certain imported steel products, notably slapping Chinese producers with a preliminary 266 percent tariff after they failed to cooperate in a trade investigation. They both use the argument that free trade is good but unfair trade is not.

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