As if the trade war and its seemingly constant escalation of misguided tariffs isn’t bad enough, the government has also seen fit to take the economic blunder one step further and pick economic winners and losers when it comes to tariff exemptions.
In March, Trump kicked things off with imposing a 10 percent tariff on aluminum and a 25 percent tariff on imported steel. To do this, he evoked an obscure law that allowed the president to impose tariffs on national security grounds.
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