A Travesty of Protectionism by Michael Hudson

Midvale Company mechanic Larson, medium grinding on Noton Machine roll for Thomas Steel, July 1932

Image by Kheel Center via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
March 10, 2018

Trump’s series of threats this week was a one-two punch. First, he threatened to impose national security tariffs on steel and aluminum, primarily against Canada and Mexico (along with Korea and Japan). Then, he suggested an alternative: He would exempt these countries IF they agree to certain U.S. demands.

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