by Rick Helfenbein
Forbes
There is nothing normal or good about tariffs.
The simple fact is – tariffs don’t work.
Retailers are asking if some Biden administration democrats are picking up cues from where Trump republicans left their mark – given President Biden’s recent comments about placing additional tariffs on Chinese steel and aluminum.
Is it possible that former President Trump’s advisors have been floating new ideas about devaluing the U.S. dollar (to boost exports) and that has sparked Team Biden to throw out their latest mantra: ‘Stop the steel?’