Thursday, March 8, 2018

Will he lose Koch backing?

Or will he cave? It probably depends on whether Fox & Friends had time to report on this while The Most Notable Loser was watching this morning. Or whether Sean Hannity saw it and called him. He's supposed to make his announcement this afternoon.
Billionaire conservative megadonor Charles Koch slammed President Donald Trump’s announced plans to impose fresh tariffs on steel and aluminum imports in a Washington Post op-ed, arguing that such policies would do far more harm than good for the U.S., both economically and culturally.

[...]

Koch argued that the president’s proposed tariffs — 25 percent on steel imports and 10 percent on aluminum — will wind up hurting Americans by raising prices, effectively undoing the economic benefits Koch said have come from the package of tax cuts and reforms that Trump signed into law last year.

[...]

Corporate leaders, Koch said, should be urging Trump not to impose his proposed tariffs because “if we are to have a system in which businesses can succeed long term, policies must benefit everyone, not just the few.”

  Politico
Geez, Chuck, maybe you should have been telegraphing that sentiment before Trump was nominated.

...but hey, do what you want...you will anyway.

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