Millionaire and Forbes magazine publisher Malcom Forbes once famously said that the person who “dies with the most toys, wins.” But with his tariff policies driving up the cost of Christmas presents this holiday season, President Donald Trump appears to be taking the opposite view.
The president was two-thirds of the way through a stemwinding rally appearance in Pennsylvania intended to highlight his economic record on Tuesday when he began defending his use of tariffs as necessary to protect the American steel industry, even if it raises prices in other sectors.