We are entering the fourth week of President Trump's term. The tariff threat has so far been used for fentanyl and immigration, but this week it shited to supply chain security (over the weekend announced 25% tariffs on aluminum and steel imports from all countries) and trade imbalances (pre-announced news conference on trade reciprocity).
That threat was implemented just after 5pm on Monday, when Trump ordered a 25% tariff on steel and aluminum imports, escalating efforts to protect politically important US industries with levies hitting some of the country’s closest allies, most notably Canada (see below), which is the source of most steel...
