Trump Protectionism On Steroids; 300% Tariff On Bombardier Planes

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Title : Trump Protectionism On Steroids; 300% Tariff On Bombardier Planes
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Trump Protectionism On Steroids; 300% Tariff On Bombardier Planes



The U.S. Commerce Department finalized tariffs of close 300% against Canadian airplane maker Bombardier lastly week.

“The the States is committed to a free, fair, together with reciprocal merchandise together with volition ever stand upwardly up for American workers together with companies existence harmed past times unfair imports,” U.S. Commerce Secretary Wilbur Ross said inwards a tilt regarding the decision, which upheld before findings past times the department.

The tariffs, however, volition alone larn into number if they are upheld past times the U.S. International Trade Court.

Trump together with his sidekick Wilbur convey no appreciation for the value of gratis trade, fifty-fifty unilateral gratis trade. The tariff simply makes it to a greater extent than expensive for US corporations to larn production at cheaper prices.

-RW




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