Imposing import duties on steel and aluminum is akin to protecting the horse buggy business when Ford set up his car production line... completely useless and meaningless.
The US economy is long past it’s heavy, metal-basing industrial era. Trump is just playing up to his lowest common denominator electoral base, that’s all.
For proof, just look at the makeup of the DowJones Industrial Average in 1980 (even 2000) and today. Unlike the past, the US economy today is all about Google, Amazon, Apple, Microsoft and a couple pharma companies.
Move on...
The US economy is long past it’s heavy, metal-basing industrial era. Trump is just playing up to his lowest common denominator electoral base, that’s all.
For proof, just look at the makeup of the DowJones Industrial Average in 1980 (even 2000) and today. Unlike the past, the US economy today is all about Google, Amazon, Apple, Microsoft and a couple pharma companies.
Move on...
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