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The Big Picture

Trump’s Protectionist Racket

By imposing global tariffs on steel and aluminum, Donald Trump has chosen the most provocative of the protectionist options offered by the US Commerce Department. Will China join Canada and the European Union and threaten to retaliate, and can anyone gain from a full blown trade war? 

Hubei province Honda factory STR/Stringer
Chinese steel plant worker STR/Getty Images;