Trump’s Retaliatory Tariffs & North Carolina Recovery | 2.11.25
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President Trump announces sweeping tariffs on all steel and aluminum imports while reaffirming his promise of retaliatory tariffs.
If they are charging us 130% and we're charging them nothing, it's not going to stay that way.
I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley. It's Tuesday, February 11th, and this is Morning Wire. The lawsuits pile up as Trump and Doge continue their quest to strike at the heart of government waste and fraud.
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And months after Hurricane Helene ravaged North Carolina, recovery ramps up. But FEMA's past failures raise questions about its future.
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President Trump announced broad tariffs this week on all steel and aluminum coming into the country and promised to roll out new tariffs in the coming days.
Here to break down what it means for consumers and how other countries are responding is Daily Wire senior editor Cabot Phillips. So Cabot, we've been hearing about these tariffs for a long time. What are they going to look like?
Yeah, Donald Trump stressed over and over on the campaign trail his affinity for tariffs, which he calls, quote, the most beautiful word in the dictionary, saying he would use them to prevent other countries from taking advantage of us and spur domestic manufacturing. And after three weeks in office, he showed he was not kidding. On Monday, Trump announced that he'd be ordering new 25% tariffs on all steel and aluminum imports.
It's time to be reciprocal. If they charge us, we charge them. If they're at 25, we're at 25. If they're at 10, we're at 10. And if they're much higher than 25, that's what we are too.
And the president says this is just phase one, and that by the end of the month, he'll roll out plans for similar across-the-board tariffs on everything from computer chips and copper to oil, gas, and pharmaceuticals. According to Trump, these tariffs are simply a response to those already in place from other countries. As he put it, quote, they charge us, we charge them. Here's White House Deputy Chief of Staff Stephen Miller on Fox speaking to that point.
Other countries around the world cannot charge us 20% or 30%, or in the case of some countries, 100%, and then we charge them nothing. It is bankrupting our industry, it is driving up our deficit, it is stealing our jobs.
So as Trump allies put it, the president sees two different types of tariffs, punitive and structural. For example, punitive tariffs would be like those threatened against Canada and Mexico last week. They're intended more as punishment, in that case for illegal immigration, and the goal is non-trade related. These latest steel and aluminum tariffs, though, are different. In fact, they're meant as a long-term structural change to US trade policy more broadly. Trump firmly believes that tariffs are a quick way to increase revenue, offset trade deficits, and spur manufacturing here in the US. Remember, he believes businesses will be encouraged to bring production stateside to avoid paying these tariffs at the border. But that is a gamble for a few reasons.
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