Trump’s Tariffs Apparently Having the Desired Effect, by Susan Jones.
“Wow,” Sen. Marco Rubio (R-Fla.) tweeted on Tuesday morning. “I guess the moves made by @realDonaldTrump on trade did not trigger the apocalypse after all. Read: #SouthKorea agrees to open auto market in return for exemption from steel tariffs.”
Rubio referenced a Washington Post report that says South Korea has agreed to further open its auto market to U.S. manufacturers, and it has accepted an annual export quota on steel.
The limit on South Korean steel exports is set at 70 percent of average sales over the past three years, and that amount would be exempt from tariffs. …
President Trump tweeted on Monday: “Trade talks going on with numerous countries that, for many years, have not treated the United States fairly. In the end, all will be happy!”