Trump’s Tariff Plan Leaves Blue-Collar Winners and Losers
3/17/18
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from The New York Times,
3/3/18:
President Trump’s announcement that he planned to impose steep tariffs on imported steel and aluminum delighted some blue-collar industries he had championed. “Enthusiastic and gratified are probably understatements,” said Michael A. Bless, the president of Century Aluminum.
Behemoth steel buyers like Boeing and General Motors weren’t as pleased. Their shares fell on the news, and the most obvious aluminum dependents — the brewing giants Anheuser-Busch and MillerCoors — warned about the risk of job losses.
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