U.S. Congress

Trump's deals are much less than they seem

Trump sure showed China how it is done. Put China on notice and President Xi rolled back the tariffs he proposed on U.S. cars. Trouble is, most American cars in China are made there. No tariffs. Trump whiffed again.

Trump’s tariffs on steel and aluminum are the same. Tariffs with a few exceptions: Germany, England, Brazil (pending) France, Canada, Mexico — I am not sure if Russia also got an exemption. I think the tariffs still apply someplace.

Now, Trump want to sanction China after it paid the fines and penalties concerning Iran. All legitimate (non-Fox) estimates report Trump’s sanctions move will cost the United States a minimum of 60,000 jobs, perhaps as many as four...