Lovely: Steel Tariffs Are ‘Slippery Slope’
Originally announced in March, key trading partners with the United States faced a May 1 deadline regarding higher tariffs on steel exports. These tariffs come as a result that national security could be threatened without them. Economist and Maxwell professor Mary Lovely warns it could be a dangerous maneuver. She spoke with Business Recorder about the ongoing situation.
“This is a really slippery slope in a bazillion ways,” she said. “This could be a blank check for using these kinds of tools.”