Monday, March 12, 2018

I covered steel 26 years ago. Trump’s solution didn’t work then and won’t now. - The Washington Post

The steel industry, shedding workers, shutting plants and bleeding red ink, pleaded with the federal government for tariffs on imports. As the government obliged, a young reporter on the steel beat for the Wall Street Journal cautioned that tariffs could “ultimately do the industry more harm than good” because the real threat to big steel wasn’t foreign competition but changing technology....

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