The editors of the very conservative and very business-oriented Wall Street Journal have taken President Donald Trump’s trade adviser Peter Navarro to the woodshed for pushing the president’s tariffs that is having a devastating effect on U.S. manufacturers.
Under an ominous headline that reads “The Trade Casualties Mount,” the editorial board laid out the case on the toll the Trump tariffs are taking on U.S. economic growth.
‘President Trump is escalating his trade rhetoric – threatening China and Europe with more tariffs on more goods if they don’t agree to his terms.
. Trump says winning these trade wars is ‘easy’ – so let’s take a look at the early returns on his steel and aluminum tariffs and the retaliation they’ve inspired’ the editorial began.