Economists across the political spectrum have cautioned President Trump against tariffs for the harms they inflict on the U.S. economy. That hasn’t stopped the president from imposing them on imports from allies and adversaries alike. Fortunately, with the signing of the United States-Mexico-Canada Agreement, or USMCA, at least some of the tariffs the administration has imposed can be lifted. That’s what Mr. Trump said he would do. In March he tweeted: “Tariffs on Steel and Aluminum will only come off if new & fair NAFTA...

Source: Wall Street Journal December 09, 2018 22:52 UTC