Trump tariffs on steel, aluminum a ‘disaster’ for U.S., think tank says

National Post: The Montreal Economic Institute report, to be released Thursday, found that steel and aluminum prices in the U.S. market have soared since Trump slapped tariffs on those two critical industrial sectors, while failing to create new jobs.

Not only have the tariffs led to sharply higher steel and aluminum prices, but the two sectors are key inputs in a wide variety of other products, the report found, that have also become more expensive. It’s left consumers and industrial buyers facing higher price tags on autos, aircraft, construction, machinery, and a wide range of other products…

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