Economics

Trump Trade Crackdown Shows ‘America First’ Happening at Last

  • Goldman says steel tariffs could signal trouble for Nafta
  • U.S. also working on investigation of China’s IP practices
Trump’s "easy to win" trade war. Bloomberg’s Craig Gordon and Bloomberg Businessweek’s Peter Coy discuss.Source: Bloomberg
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“America First” is finally starting to bite.

President Donald Trump’s March 1 announcement that he’ll slap stiff tariffs on imported steel and aluminum roiled markets, spurred warnings of harsh economic and political ramifications from some Republican lawmakers, and provoked threats of retaliation from allies such as the European Union.