The issue is how to respond. And slapping stiff, across-the-board tariffs on imported steel and aluminum only invites the vast majority of our trading partners to retaliate against U.S. exports of goods and services. It also raises the price of U.S. goods made with imported aluminum or steel, as well as those that shift to (more expensive) domestic metals. Meanwhile, it does nothing to the price of foreign-made products, which won't pay the tariffs that U.S. producers will face. With that in mind, numerous American companies and trade groups have urged Trump to abandon the tariff scheme, saying it will hurt sales and kill jobs.

Source: Los Angeles Times March 08, 2018 23:17 UTC