(Stephanie Ruhle & Peter Alexander – NBC News)
With global markets shaken by President Donald Trump’s surprise decision to impose strict tariffs on steel and aluminum imports, the president went into battle mode on Friday: "Trade wars are good, and easy to win," he wrote on Twitter.
But the public show of confidence belies the fact that Trump’s policy maneuver, which may ultimately harm U.S. companies and American consumers, was announced without any internal review by government lawyers or his own staff, according to a review of an internal White House document.
According to two officials, Trump’s decision to launch a potential trade war was born out of anger at other simmering issues and the result of a broken internal process that has failed to deliver him consensus views that represent the best advice of his team. Click here to read more.
- Americans Probably Aren’t Surprised by Reports That Trump ‘Became Unglued’ (WP)
- Trump Trade Crackdown Shows ‘America First’ Happening at Last (Bloomberg)