[Hoot Gibson]

Trump is already talking about exempting countries like Canada and Mexico from the tariffs. Once again, Trump's tough talk followed immediately by contradictory gives the impression of incompetence. Most of this country's idle steel mills use traditional blast furnaces with coke. Most steel is produced in smaller specialty mills using electric arc furnaces.

When the federal government enacts legislation and regulations to pick winners and losers in the economy, the law of unintended consequences also takes effect.

Trump should have limited his tinkering with the economy to cutting taxes and regulations. Selective imposition of tariffs will cost more jobs than it will create.