The ramifications of Donald Trump’s tariffs on foreign steel and aluminum are frightful.
It’s sure to set off a trade war which will result in higher prices for goods and certainly job losses on both sides of the border.
The Hamilton Chamber of Commerce estimates that up to 40,000 jobs, either directly or indirectly, could be impacted in Hamilton alone.
Trump is oblivious to the fact that every other time an American president has levied tariffs, they’ve had to rescind them because of the damage they did to the U.S. economy.
So, why would Trump do it?
According to sources from within the White House, Trump was angry that the investigation about his son-in-law, Jared Kushner, was tightening and that his communications director was stepping down because she admitted that she often lied to Trump and lied about Trump to the media.
We’re told that Trump became “unhinged” and decided to strike back by exerting his power to enact a trade war with China, Canada and the European Union.
Trump, who increasingly, becomes so easily unhinged, abuses the power of his office to lash out at his perceived enemies, and ignores the collateral damage, both in America and abroad.
That kind of behaviour should be troubling, if not frightening to all of us.
Bill Kelly is the host of Bill Kelly Show on AM 900 CHML and a commentator for Global News