Our Founding Fathers Rejected
FREE TRADE And So Should We

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The new age of managed trade?

So, does this deal represent a break from the Trumpian approach? The Hinrich Foundation’s Stephen Olson sees continuity. He points out that the deal gives the E.U. “3.3 million metric tons of annual duty-free entry [which] is well below the 4.8 million metric tons of steel the U.S. imported from the E.U. before the Trump tariffs were put into place.” His conclusion? “The agreement is not a step towards freer trade nor is it a rebuke of Trumpian protectionism. Quite to the contrary, it is an affirmation of Trump’s approach to trade.”

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