The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy
Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff on all imported steel. In doing so, he’s using tariffs as a blunt-force tool under the assumption that they’ll be sufficient to jump-start the American steel industry.
But that’s not the case.
Mike Williams is a senior fellow at the Center for American Progress and former deputy director of the BlueGreen Alliance
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