Mar 2, 2018

Import Taxes on Steel, Aluminum Examples of Government Favoritism

Veronique de Rugy Senior Research Fellow

The beauty of the modern age is that you can just turn on your TV and witness live how cronyism works.

Just a few hours ago, President Trump hosted a “listening session” with steel and aluminum executives, whom he had summoned to the White House. Right there, on live TV, we witnessed these CEOs pleading for government support that will inevitably result in higher prices for consumers of steel and aluminum. And, as we all sat there, stunned, we watched the president grant their demand and make policy on live TV.

Import taxes on steel and aluminum are coming to America, people.

Read more: The Swamp is Alive! It's Alive!

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