“We’re going to be very flexible,” Mr. Trump said at the outset of a cabinet meeting at the White House Thursday. In signing the tariffs, Mr. Trump is carrying out one of his core campaign promises, first unveiled in Pennsylvania steel country in June 2016. Related Video President Trump signed an executive order in January that imposed tariffs on washing machines and solar panels. “Trump steel tariffs could kill 45,000 auto jobs, equal to one-third of steel workforce,” was the title of a blog item posted by Council on Foreign Relations analysts shortly before the announcement. Those included White House trade adviser Peter Navarro and Commerce Secretary Wilbur Ross, the chief architects of the policy.

Source: Wall Street Journal March 08, 2018 14:03 UTC