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IPFS News Link • United States

Making America Unemployed Again

• https://www.nytimes.com, by Jamie Lincoln Kitman

It used to be a refrain of the Republican faithful that the government shouldn't be in the business of picking winners and losers where industry and technology are concerned.

As President Trump's global trade war escalates, with the latest round of tariffs going into effect on Friday, his administration is doing just that. The new wrinkle is that it is no longer clear who is being set up to triumph or fail. Tariffs directed at products from one country — whether that's steel from Canada and China or cars from Italy — are just as likely to affect American companies and hurt their workers.


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