Assignment:
Read the attached article from WSJ and answer the following questions. Answers must be precise and posted on the discussion board.
- Why did Trump signed tariffs on Steel and Aluminum? What was his rationale for this decision?
- What was the reaction of EU to the announcement of these new tariffs?
- Which arguments were cited for modifying the tariff plan to exclude some countries?
- Who are the allies that were excluded from the tariffs? How important are Canada and Mexico for Steel trade in the US?
- Why is China unhappy with this new tariffs?
- How does the administration plan to block steel import while allowing exclusion for a number of countries?
- What do you think the impact of these tariffs will be on steel and aluminum using industries in the US?
Readings:
Trump Signs Metals Tariffs Sparing Some Allies
By Jacob M. Schlesinger and Rebecca Ballhaus