Koch, who funds a network of organizations with his brother, David Koch, told the media during a conference with donors over the weekend that Trump’s ten percent tariff on imported aluminum and 25 percent tariff on imported steel was not fair to foreign countries and foreign workers.
The Trump administration has said the tariffs on imported goods are necessary to protect American jobs and industries from foreign competition where foreign-made products are sold much cheaper than U.S.-made products, driving U.S. companies out of business.
“This is ridiculous, we should just get rid of all barriers except on things that will hurt people,” Koch told the media, according to ABC News.
“Yeah, it’s unfair. It’s unfair to their people,” Koch claimed of the foreign countries and foreign workers who have been hit with Trump’s tariffs.
Trump’s tariffs have delivered gains for the U.S. steel industry — which had been decimated by decades of free trade. Most recently, Trump visited Granite City, Illinois, where the former steel town announced that, thanks to the president’s protective tariffs, it was rehiring at least 800 American workers who had previously lost their jobs to foreign competitors.
The globalist Koch Brothers, who have become a total joke in real Republican circles, are against Strong Borders and Powerful Trade. I never sought their support because I don’t need their money or bad ideas. They love my Tax & Regulation Cuts, Judicial picks & more. I made.....— Donald J. Trump (@realDonaldTrump) July 31, 2018
For decades, the U.S. has maintained a trade deficit in steel products, importing vastly more steel than the country is exporting. Trump says he wants to change this trend with...
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