

Tariffs basically never help except in a few select situations. For instance, “infant industry” situations where a country needs time to scale up some industry and there’s real promise that once they do, it’ll be competitive. If a country is trying to corner some critical market by dumping, targeted tariffs can be smart. But mostly, tariffs are stupid.
There’s a legit national security argument for steel and probably aluminum but a better solution for materials used to make things would be to just subsidize those companies for domestic sales so you don’t screw over every industry that uses them. Steel definitely isn’t an infant industry. We have the technology.
An even better solution is to not piss off all your most reliable allies and trading partners. But I guess that cat’s out the bag.
Even while embracing cryptocurrencies?