How Successful Were Trump’s Tariffs?

How Successful Were Trump’s Tariffs?

**Job Creation: On average, Trump’s tariffs destroyed jobs. But there were some winners and losers notably steel. The cost of the “winners” was $800,000 to $900,000 per job created. More jobs were lost elsewhere.
**Negotiation Leverage: Nonexistent. Trump resorts to threats so often on the flimsiest of grounds creates mistrust.
**Improve Security: No. Antagonizing allies never improves security.

Pompeo’s anti-China rally questioned by some Europeans

Pompeo’s anti-China rally questioned by some Europeans

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New U.S. tariffs show again why it is an unreliable partner for Europe

After a breakdown in trade negotiations over a longstanding dispute pertaining to subsidies for the European aviation manufacturer Airbus, the Trump administration is now weighing new tariffs of 3.1 billion U.S. dollars on EU and British exports into the United States, coming on top of the levies imposed by the White House on Europe last summer. Exports which are set to be targeted include olives, coffee, chocolate, beer, gin, trucks and machinery.