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Trump Using Tariffs As A Geopolitical Grandstand

Based on Donald Trump's track record, one might discount the likelihood that his administration will see through tough actions that ultimately impact negatively on the US economy. Policies delivered so far appealed to those in the population who support his agenda on immigration, climate, jobs and trade. His rhetoric has generally been quite one-dimensional and direct, with the secondary or tertiary effects to the economy appearing to have little bearing on his plans. The main aim of import tariffs on steel and aluminium is to support US producers - industries that collectively employ in the order of 200,000 people. However, the real impact would...