Alfredo Ortiz: Trump Is Vindicated on Tariffs

Alfredo Ortiz: Trump Is Vindicated on Tariffs

The Hill

The aggressive strategy President Trump has taken on trade was vindicated this week as European Commission President Jean Claude Juncker agreed to work toward the elimination of tariffs on U.S. industrial imports in return for the same treatment from the United States. This relationship will increase markets for American small business exporters, who face E.U. tariffs that are roughly 40 percent higher than those imposed by the United States, according to World Trade Organization data. It will also allow American consumers to purchase European goods at cheaper prices, putting more money in their pockets and stimulating the U.S. economy. Notably, the deal also includes promises from the European Union to import more soybeans and natural gas.

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