Thursday, May 31, 2018

Trump Puts New Tariffs on Allies Creating Possible Trade War

Kyle Bujak
https://www.politico.com/story/2018/05/31/trump-hits-us-allies-with-steel-aluminum-tariffs-615327
This morning, President Trump announced new tariffs on steel and aluminum on United States allies such as the European Union, Mexico, and Canada. Mexico and the EU have retaliated slapping new taxes on the United States goods that are coming into their countries. This is very important because the United States is currently in the middle of a trade war with China, and now they have started a conflict with people that we have always had a positive relationship with, and this is something that can be really devastating for the US as Trump is trying to renew American jobs in the steel industry.

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