Salena Zito writes for the Washington Examiner about major recent developments.
In the past 12 days, some of the most consequential decisions in American history, those that will affect generations and leave a substantial impact on our culture, economy, and political alignment, have been made either by President Donald Trump or because of him. But they have been largely either downplayed or not fully analyzed in terms of how they all connect.
The U.S. Steel deal between the iconic American company and Nippon Steel happened because of Trump’s ability to apply pressure through negotiations that sometimes bewildered everyone involved. But they led to the literal reversal of fortune of an industry, from the additional supply industries that include mechanics, construction workers, transportation systems such as railways, and energy.
The 50% tariffs Trump announced the day he visited the U.S. Steel plant in West Mifflin were also seen by American manufacturers as a signal that Trump was committed to revitalizing American steel mills. It also signaled an overall mandate to reshore manufacturing in the country.
While much of Wall Street warned that the tariffs would cause a widespread recession, a former critic of the tariffs, Torsten Sløk, chief economist at Apollo Global Management, did an about-face and wondered if Trump outsmarted everyone, laying out a scenario that keeps tariffs well below Trump’s most aggressive rates long enough to ease uncertainty.
That a steelworker or a welder working for a defense contractor would watch what happened to Iran’s nuclear program and feel a part of it is a nuance in American journalism that is often missed.
Sen. David McCormick (R-PA) told the Washington Examiner that it is an integrated story, both in terms of the consequences of those decisions, bolstering our economic capability, and our independence.
“But it’s a confidence in leadership story, too,” McCormick said.
McCormick, who took office in January after winning against an entrenched Democrat few thought he could defeat, said the nuance of how intertwined moments such as these are is often missed.
“These are reinforcing themes,” he said.
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Author: Mitch Kokai
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