The Manila Times

Trump says trade wars are ‘easy.’ Here come the first American casualties

- DANA MILBANK ( C) 2018, WASHINGTON POST WRITERS GROUP Follow Dana Milbank on Twitter, @Milbank.

WASHINGTON, D. C.: President Trump believes that “trade wars are good, and easy to win.” So he started one.

Now the casualties are beginning to return home from the battlefiel­d, and on Capitol Hill Wednesday, the people’s representa­tives presented some of them to Wilbur Ross, the president’s billionair­e commerce secretary.

“Corn, wheat, beef and pork are all suffering market price declines due to current trade policies,” complained Sen. John Thune (S.D.). “With every passing day, the United States loses market share to other countries.”

From Pennsylvan­ia, Sen. Patrick J. Toomey cautioned that Kraft- Heinz may move its ketchup production to Canada to avoid retaliator­y tariffs.

Sen. Johnny Isakson ( Ga.) put in a plea over Coca- Cola’s rising aluminum can costs.

Sen. Orrin G. Hatch of Utah warned that contracts have dried up for a steel fabricator in his state because of the tariffs, and “multibilli­on-dollar investment­s for new manufactur­ing plants that employ thousands of workers are also being put at risk.”

And those were just the Republican­s on the Senate Finance Committee.

Ross, 80, wears eyeglasses and a hearing aid, but he didn’t need either to see and feel the bipartisan anger, and the fear among Republican­s, about the damage Trump’s incipient trade war is already doing to steel users, seafood businesses, cherry and potato farmers, ranchers, uranium producers, newsprint users, brewers—you name it. Even lawmakers sympatheti­c to Trump’s aim of cracking down on China were aghast at the clumsy way the policy is being administer­ed, the cumbersome exemption process,

the policy that declare Canada a national-security risk but give favorable treatment to a Chinese company accused of espionage against the United States.

Trade war is hell. But the plutocrati­c commerce secretary was not troubled. Ross’ answer to the senators’ pleas for their constituen­ts: Let them eat cake.

When Thune warned that the drop in soybean prices ( caused by China’s retaliator­y tariffs) was costing South Dakota soybean farmers hundreds of millions of dollars, Ross responded by saying he heard the price drop “has been exaggerate­d.”

When the committee’s ranking Democrat, Sen. Ron Wyden (Ore.), told Ross the administra­tion is woefully behind in granting exemptions, Ross said Wyden would learn otherwise if he did his “homework.”

Ross told Sen. Mike Enzi ( RWyo.) that he’s heard the rising cost of newsprint for rural newspapers “is a very trivial thing,” and he told Sen. Benjamin L. Cardin (DMd.) that it’s tough luck if small businesses don’t have lawyers to apply for exemptions: “It’s not our

Asked by Sen. Michael F. Bennet (D-Colo.) what the administra­tion would do to help American farmers and ranchers, Ross told him “I’m not in detail familiar with all of the tools” and let the senator know that “we have no control over what another country does in retaliatio­n.”

Ross further claimed to the lawmakers that the huge spike in steel prices “is not a result of the tariff” but of “antisocial behavior by participan­ts in the industry” – behavior triggered by the tariffs.

steel for national- security reasons, though the United States has a steel- trade surplus with Canada, by saying the concern is about transshipm­ents of Chinese steel through Canada – yet he

- tive data” about such shipments.

The cavalier performanc­e – much like when he held a can of Campbell’s soup on TV and asked “who in the world is going to be bothered” by an increase in steel prices for the can – did not play well.

“The car isn’t a can of soup. It’s not a can of soup, Mr. Secretary,” said Hatch.

Toomey told Ross that “we’re picking winners and losers and probably resulting, in my view, in the risk of far more jobs lost than jobs are going to be gained.”

But what does Ross care? He’s a winner. Forbes reported on the eve of the hearing that, for most of last year, he maintained stakes in companies co- owned by the Chinese government, a shipping firm tied to Russian President Vladimir Putin (Ross shorted the company’s stock right before his connection to the business was reported last fall) and a bank reportedly caught up in the investigat­ion being conducted by special counsel Robert S. Mueller III.

Asked whether he believed, as several of the senators did, that the United States is in a trade war, Ross was breezy: “As the president has often said, we’ve been at a trade war forever. The difference is that now our troops are coming to the ramparts.”

And they are beginning to take heavy casualties.

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