Daniel McCarthy

If this is a trade war, the United States will win

Donald Trump is following through on his threat—or promise, as his voters see it—to impose steep tariffs on foreign goods in the name of supporting American industry, starting with levies of 25 per cent on steel and 10 per cent on aluminium imports. Allies and neighbours that had been granted temporary exemptions are now set to feel the brunt of the tariffs: Canada is America’s leading source of foreign steel, and Mexico and the European Union will also feel the pain.

Already a subscriber? Log in

Keep reading with a free trial

Get your first month free when you subscribe. After that it’s just £1 a week for full website and app access. There’s no commitment, you can cancel any time.

Offer ends in: ${days} days ${hours} hrs ${minutes} mins ${seconds} secs
Or

Unlock more articles

REGISTER

Comments

Flash sale:
10 weeks of unlimited digital access for £1

Join the conversation with other Spectator readers. Subscribe to leave a comment.

Get 10 weeks of online and app access for just £1. That's a saving of more than 80% off the usual rate.

Already a subscriber? Log in