Donald Trump justifies tariffs on Brazilian steel on the dubious grounds of national security. That is a stretch
attempts to orchestrate America’s trade relations are causing a cacophony. On December 2nd he trumpeted new tariffs on Brazilian and Argentine steel and aluminium. Hours later the United States Trade Representative chimed in with two sets of tariffs on European products. Over the following days noise grew louder in Congress about a bargain that would secure the Democrats’ approval for the, a trade deal with Mexico and Canada. And all this against the drumbeat of trade war with China.
The president’s tariffs-by-tweet stood in contrast to the day’s other big announcements, which followed much deliberation. One related to a long-running dispute at the World Trade Organisation over European subsidies for Airbus, which America won. In October theby placing tariffs on $7.5bn of its exports. Thedismissed that claim, and theThe other was accompanied by a 93-page report, stuffed with footnotes and legalese.
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