“The Trump administration said Thursday it would exempt the European Union and four other allies — Australia, Argentina, Brazil and South Korea — from steel and aluminum tariffs set to take effect Friday.
“President Donald Trump ‘has decided to pause the imposition of the tariffs with respect to those countries,’ U.S. Trade Representative Robert Lighthizer told lawmakers at a Senate Finance Committee hearing. … The president initially announced that he would exempt Canada and Mexico from the 25 percent tariff on steel imports and 10 percent duty on aluminum.”
So… Comrade Stupid has now exempted the majority of steel and aluminum exporters to the U.S. from his 25% / 10% tariffs.
So what was the point of this stupidity in the first place except to distract the world from sumpin’ else? Gary Cohn resigned over this.
Though I will say that having a picture of Wilbur Ross making dinner at the Shady Rest is pretty great.