After announcing tariffs on aluminum and steel imports, Trump is now taking on any retaliation measures and threats from the European Union.
Canada has also vowed retaliatory measures regarding Trump’s proposed tariffs.
Trump has tweeted and maintained that trade wars are good for the United States.
The United States has an $800 Billion Dollar Yearly Trade Deficit because of our “very stupid” trade deals and policies. Our jobs and wealth are being given to other countries that have taken advantage of us for years. They laugh at what fools our leaders have been. No more!
— Donald J. Trump (@realDonaldTrump) March 3, 2018
Do you remember when this happened to President Bush in 2002:
Reminder: George W. Bush's steel tariff went up to 30 percent. It cost 200k jobs before he was forced to back off. https://t.co/cfRXzByYp5
— Ben Domenech (@bdomenech) March 3, 2018