American Thinker
Gary Gindler
Mar. 23, 2018
Only now has Trump's economic policy become clear: Trump squeezes out companies from abroad and forces them to relocate to the United States.
On Friday, March 23, 2018, new tariffs for steel and aluminum, signed by President Trump on March 8, came into effect. Two weeks have passed, and the promised apocalypse of the world tariff war did not happen. The reaction of America's leading trading partners somehow turned out to be muted and unconvincing and, in many cases, just nothing, as if nothing had happened.
Why? After all, according to the TV hysterics, Trump went against the fundamental idea of the world-famous Nobel laureate in economics, Milton Friedman. Friedman once argued that tariff wars always play a negative role for consumers of final products. Since then, we are all frightened by the idea of tariff retaliation, as if all other countries will also raise tariffs, leaving American citizens to take the brunt, or so the theory says.
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https://www.americanthinker.com/articles/2018/03/to_tariff_or_not_to_tariff_trumps_answer.html
