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The White House used April 2 to announce new tariff actions on steel, aluminum, copper, and patented pharmaceuticals, doubling down on a policy that keeps squeezing importers and stoking price fears. The move widened the trade war instead of calming it, and it handed critics a clean argument that Trump is still treating tariffs like a universal fix for problems they usually make worse.
Why it matters: Tariff escalation
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The White House used April 2 to announce new tariff actions on steel, aluminum, copper, and patented pharmaceuticals, doubling down on a policy that keeps squeezing importers and stoking price fears. The move widened the trade war instead of calming it, and it handed critics a clean argument that Trump is still treating tariffs like a universal fix for problems they usually make worse.
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The White House used April 2 to announce new tariff actions on steel, aluminum, copper, and patented pharmaceuticals, doubling down on a policy that keeps squeezing importers and stoking price fears. The move widened the trade war instead of calming it, and it handed critics a clean argument that Trump is still treating tariffs like a universal fix for problems they usually make worse.
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