Global trade war FTW
by digby
If you’re confused about why Trump is pushing these tariffs, he explained that it was important to have big hands back in 2011 at his first CPAC:
I think he and his audience really believe that bullshit.
And he wasn’t just talking about China. He’s going after the whole world:
A top White House official Sunday suggested President Donald Trump would decline to exempt allies of the United States from tariffs he’s pledged to impose on steel and aluminum imports to protect domestic industries.
The scope of Trump’s proposed tariffs has been one of the major questions looming over the plan since it was first announced last week.
Pressed on “Fox News Sunday” about whether the president would exempt Canada or the European Union from the tariffs, White House trade adviser Peter Navarro said: “That’s not [Trump’s] decision.”
“As soon as he starts exempting countries, he has to raise the tariff on everybody else,” Navarro said in the combative interview. “As soon as he exempts one country, his phone starts ringing from the heads of state of other countries.”
European officials have pledged retaliation for Trump’s tariffs proposal, which is expected to be outlined in greater detail next week.
Asked about potential exemptions for U.S. allies on ABC’s “This Week,” Commerce Secretary Wilbur Ross said Trump has had conversations with a number of world leaders but that “as far as I know he’s talking about a fairly broad brush.”
A “broad brush” on trade in this case translates into just dropping a nuclear bomb and letting God sort it out. Basically, lets just piss off people even when we don’t have to just to prove we are really, really stupid and dangerous.
Should be interesting …