I'll call it a Trade War, because I don't know that there is a more appropriate phrase.
Initially I understood the administration's goal was to stimulate US producers to be more productive, so as to grow the US economy. (build more steel plants etc, put more people to work) A goal that I sense few would complain about.
But lately the goal seems to be shifting to reducing trade deficits. Somehow a trade deficit is viewed as "bad". Although, (in my ignorance) I fail to understand why there is something evil about a trade deficit. (BTW, is a trade deficit synonymous with "ripping us off")
So what is the goal of the administration tariff hiking and counter hiking according to statements from the administration?
(File this under looking for "Trade Wars for Dummies") BTW. in cases there is any question - the "dummy" I'm referring to here is me!