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Steel tariffs jacked to 50%. China withholding rare earths. Auto jobs shifting to China. This is the state of U.S. trade—and somehow everyone’s still pretending it’s going great.
In this episode:
*Why Trump’s new steel tariffs might protect 1 job while costing 3
*China holding our supply chain hostage, and U.S. automakers are folding
*Trump’s late-night post calling Xi “very tough” (with 3 exclamation points)
Bottom line: No trade progress, just higher prices and bad vibes.
www.watchdogonwallstreet.com