National Security and Steel Duties — Really. Imposition by the Trump administration of these duties on steel imports is a terribly idea. These type of duties don’t work, create trade distortions, endangers the WTO, and most importantly there is no real economic justification for them. This would be purely a domestic political and protectionist measure. The administration needs to stop this, now.

• “National Security and Steel — Editorial.” Financial Times (July 3, 2017).