Opinion

BREAKING: Trump Plans To Back Off Big Steel Tariff Plans

   DailyWire.com

On Thursday, President Trump signaled that he may be preparing to back off his tariff plan after all — after a week of touting the glories of a possible trade war. Kristen Welker of NBC News reported:

Stephanie Ruhle at MSNBC reported something similar last night:

And according to Mark Knoller at CBS:

So, is Trump preparing to back off his tough talk after public blowback from so many members of his own party? We can only hope so, given how terrible tariffs are for the economy. Trump was foolish to consider the tariffs in the first place, and he’d be wise to back off of them now. But if he doesn’t, Congress should certainly consider removing his trade authority. Trade was never meant to be a presidential prerogative, and there are no national security implications to the decisions Trump was considering on steel and aluminum — particularly not if Trump was planning to exempt Canada, the top steel importer into the United States.

Trump has a nasty habit of floating trial balloons that have real world impact — such as a drop in the stock market — and then walking them back when things go wrong. But better for him to walk back a mistake than continue down the road of 18th-century mercantilism.

Create a free account to join the conversation!

Already have an account?

Log in

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip
The Daily Wire   >  Read   >  BREAKING: Trump Plans To Back Off Big Steel Tariff Plans
Daily Wire Plus
Facts and headlines on the go.
Download the Daily Wire app.
Download on the App StoreGet it on Google Play
Download App QR CodeScan the QR Code to Download
FacebookXInstagramYouTubeRSS
Daily Wire PlusFacts and headlines on the go.
Download the Daily Wire app.
Download on the App StoreGet it on Google Play
© Copyright 2025, The Daily Wire LLC  | Terms | Privacy
Podcast compliance badge