- Prison Planet.com - https://www.prisonplanet.com -

Trump defends new tariffs: ‘Trade wars are good and easy to win’

The Hill [1]
March 2, 2018

President Trump early Friday defended his plan to impose tariffs on steel and aluminum imports, saying “trade wars are good.”

“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!” Trump tweeted.

On Thursday, Trump said he will announce [3] tariffs of 25 percent on imported steel and 10 percent on aluminum from all countries that send metals to the U.S.

“We’ll be signing it next week. And you’ll have protection for a long time in a while,” Trump said, casting the effort as a way to protect U.S. producers during a meeting with 15 steel and aluminum industry executives.

Read more [1]