Ready to launch your business? Get started with the commerce platform made for entrepreneurs. Shopify

is specially designed to help you start, run and grow your business with easy customizable themes

that let you build your brand, marketing tools that get your products out there. Integrated shipping

solutions that actually save you time, from startups to scaleups, in-person, and on the go. Shopify is made for

entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

President Trump imposes broad 25% tariffs on steel and aluminum imports to the United States,

as the Labor Department says that the Consumer Price Index inflation gauge went up again,

hitting 3% year over year. Welcome, I'm Kyle Peterson with the Wall

Street Journal. We're joined today by my colleagues, columnist Alicia Finley, and editorial board member

Mene Uquay-Brua. President Trump called off his across-the-board tariffs on Canada and Mexico

recently, at least for 30 days.

But on Monday, he doubled down on the metals tariffs that he imposed during his first term.

Those were 25% tariffs on steel and 10% on aluminum.

Now he's putting 25% on both metals.

And in a very across-the-board way, the fact sheet from the White House, for example,

points out that there had been exemptions given to such nefarious countries as Australia,

Canada, Japan, South Korea, the European Union, and the United Kingdom, which, in the

words of the White House fact sheet, created loopholes that were exploited to undermine

the purposes of those exemptions. Alicia, what's your read of the effect that this could have

on the economy and maybe a reminder of how those first-term Trump medal tariffs worked in

the real world? So what happened in 2018, as you explained, is they imposed tariffs on steel and aluminum.

...