Silver Lining

From the free trade front:

The European Union, Japan and six other countries have warned of retaliatory measures unless the United States ends its tariffs on a range of steel imports.

The comments came after a World Trade Organisation ruling that the tariffs flouted international rules and should be amended, rejecting an appeal by the United States.


Sometimes, it’s good to lose.

UPDATE: Jane Galt is less sanguine.


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