US Politics

The French far-right leader Jordan Bardella on Friday morning cancelled a scheduled speech at the US Conservative Political Action Conference in National Harbor, Maryland, after Donald Trump’s former aide Steve Bannon flashed a fascist-style salute there hours before.Bannon, who helped Trump win office in 2016 and is now a popular rightwing podcast show host, finished his CPAC speech on Thursday with an outstretched arm, fingers pointed and palm down – a sign that echoed the Nazi salute and a controversial gesture made by the tech billionaire Elon Musk at the US president’s second inauguration in January.Bardella, of the far-right National Rally party in France, pulled out of CPAC citing Bannon’s allusion to “Nazi ideology”.The salute during Bannon’s speech brought cheers from the audience at the US gathering.Bardella, who was in Washington ahead of his appearance and had said he intended to talk about relations between the US and France, issued a statement saying: “Yesterday, while I was not present in the room, one of the speakers, out of provocation, allowed himself a gesture alluding to Nazi ideology. I therefore took the immediate decision to cancel my speech that had been scheduled this afternoon.”The National Rally party was bested in France’s snap election last summer by a leftwing alliance.Bannon on Thursday night fired up the CPAC crowd, where he spoke directly after Musk, the man who has eclipsed him in Trump’s circle and with whom Bannon is not on good terms.“The only way that they win is if we retreat, and we are not going to retreat, we’re not going to surrender, we are not going to quit – we’re going to fight, fight, fight,” Bannon said of opponents, echoing Trump’s exhortation to supporters following the assassination attempt on him.Bannon then flung out his right arm at an angle with his palm pointing down. The Nazi salute is perhaps more familiar, especially from historical footage of Adolf Hitler, with the arm pointing straight forward – but the fascist overtone of Bannon and Musk’s signals has been unmistakable.The Anti-Defamation League, which campaigns against antisemitism, defines the Nazi salute as “raising an outstretched right arm with the palm down”.“Steve Bannon’s long and disturbing history of stoking antisemitism and hate, threatening violence, and empowering extremists is well known and well documented by ADL and others,” the Anti-Defamation League wrote on X in response, adding: “We are not surprised, but are concerned about the normalization of this behavior.”Bannon, speaking to a French journalist from Le Point news magazine on Friday, said the gesture was not a Nazi salute but was “a wave like I did all the time”.“I do it at the end of all of my speeches to thank the crowd,” Bannon said.However, from video, when he shoots his arm in the brief, straight-arm gesture, then nods sharply with a smile, to audience cheers, and says “amen”, it looks distinctly different from the very end of his address, when Bannon walked about the stage saluting the audience, throwing first his right arm out, then his left arm out, in a looser gesture that looked much more like conventional post-speech acknowledgment of a crowd.Online, some far-right users suggested Bannon had made the gesture purposely to “trigger” liberals and the media. Others distanced themselves.skip past newsletter promotionafter newsletter promotionNick Fuentes, a far-right influencer and Trump ally who uses his platform to share his antisemitic views, said in a livestream that Bannon’s salute was “getting a little uncomfortable even for me”.Bannon’s gesture, like Musk’s, has been characterized by some as a “Roman salute” – though some historians argue that is a distinction without a difference. Some rightwing supporters have argued, without evidence, that the Roman salute originated in ancient Rome. Historians have found, instead, that it was adopted by the Italian fascist leader Benito Mussolini in the 1920s, and then Hitler’s Nazi party in Germany.However the ADL concluded that in that group’s view Musk had “made an awkward gesture in a moment of enthusiasm, not a Nazi salute”.The Bannon speech showcased CPAC’s evolution from a traditional conservative conference to an all-out Trump-centric rally. Bannon also spoke about the forthcoming election in 2028, prompting cheers of “We want Trump,” and saying himself: “We want Trump in 28.”The statement echoed those of Trump himself, who on Wednesday asked a crowd if he should run again, was met with calls of “four more years”, and called himself a “KING” in a post on social media. US presidents are limited to two terms.Meanwhile, Musk on Thursday brandished a chainsaw at CPAC, gloating over the slashing of federal jobs he is overseeing across multiple departments, in the face of legal challenges and protests. He called it “the chainsaw for bureaucracy”.It was handed to him on stage by Argentina’s rightwing president, Javier Milei. More

A New York judge on Friday said he would not immediately dismiss Eric Adams’s corruption case, but ordered the Democratic New York City mayor’s trial delayed indefinitely after the justice department asked for the charges to be dismissed.In a written ruling, the US district judge Dale Ho in Manhattan said he would appoint an outside lawyer, Paul Clement of the law firm Clement & Murphy PLLC, to present arguments against the federal prosecutors’ bid to dismiss, in order to help the judge make his decision.Justice department officials in Washington asked Ho to dismiss the charges against Adams on 14 February. A hearing was held in New York earlier this week.That came about after several prosecutors resigned rather than follow orders from the acting deputy attorney general, Emil Bove, an appointee of Donald Trump and the Republican president’s former personal criminal defense lawyer, to seek dismissal of the case brought last year by prosecutors during the Biden administration.The current justice department argued that dismissal was needed so Adams could focus on helping Trump crack down on illegal immigration. The controversy, especially because the city has a strong sanctuary law designed to stop local enforcement from assisting federal immigration enforcement, has sparked a political crisis in the most populous US city. Senior Democrats have said that dismissing the charges makes Adams beholden to Trump’s administration.Adams, 64, was charged last September with taking bribes and campaign donations from Turkish nationals seeking to influence him. Adams, running for re-election this year, has pleaded not guilty.Many have called on Adams to resign.Four of the mayor’s deputies plan to resign amid loss of confidence in the mayor. The governor of New York state, Kathy Hochul, a Democrat, said on Thursday she would not use her power to remove Adams, but proposed new oversight of the mayor’s office. More

At the start of his inaugural address on Jan. 20, 2025, President Donald Trump declared, “The golden age of America begins right now!”

A month later, Trump’s supporters gathered at the annual Conservative Political Action Conference, or CPAC, in Oxon Hill, Maryland, from Feb. 19-22 to celebrate the advent of this golden age.

Gold glitter jackets, emblazoned with phrases like “Trump the Golden Era,” are for sale in the CPAC exhibition hall. There, attendees decked out in other MAGA-themed clothing and accessories network and mingle. They visit booths with politically charged signs that say “Defund Planned Parenthood” and collect brochures on topics like “The Gender Industrial Complex.”

Another booth with a yellow and black striped backdrop resembling a prison cell’s bars was called a “Deportation Center.” Attendees photographed themselves at this booth, posing beside full-size cutouts of Trump and his border czar, Tom Homan.

Former Jan. 6 prisoners, including Proud Boys’ former leader Enrique Tarrio, have also been a visible – and controversial – presence at CPAC.

The conference’s proceedings kicked off on Feb. 20 with an Arizona pastor, Joshua Navarrete, saying, to loud applause, “We are living in the greatest time of our era – the golden age!”

Many subsequent speakers repeated this phrase, celebrating the country’s “golden age.”

For many outside observers, claims of a golden age might seem odd.

Just months ago during the 2024 presidential campaign, Trump said that an American apocalypse was underway, driven by a U.S. economy in shambles and major cities overrun by an “invasion” of “illegal alien” “terrorists,” “rapists” and “murderers.”

Now, Trump’s critics argue, the U.S. is led by a convicted felon who is implementing policies that are reckless, stupid and harmful.

Further, these critics contend, Trump’s illegal power grabs are leading to a constitutional crisis that could cause democracy to crumble in the U.S.

How, they wonder, could anyone believe the country is in a golden age?

As an anthropologist of U.S. political culture, I have been studying the Make America Great Again, or MAGA, movement for years. I wrote a related 2021 book, “It Can Happen Here.” And I continue to do MAGA research at places like this year’s CPAC, where the mood has been giddy.

Here are three reasons why the MAGA faithful believe a golden age has begun. The list begins, and ends, with Trump.

Elon Musk holds a painting of himself during CPAC in Oxon Hill, Md., on Feb. 20, 2025.
Saul Loeb/AFP via Getty Images

1. The warrior hero

Trump supporters contend that after the Jan. 6, 2021, Capitol attacks, which they consider a “peaceful protest,” Trump became a political pariah and victim.

Like many a mythic hero, Trump’s response was “never surrender.” In 2023, he repeatedly told his MAGA faithful, “I am your warrior, I am your justice.”

Trump’s heroism, his supporters believe, was illustrated after a bullet grazed his ear during an assassination attempt in Pennsylvania in July 2024. Trump quickly rose to his feet, pumped his fist in the air and yelled, “Fight, fight, fight.”

The phrase became a MAGA rally cry and, in February 2025, it has been stamped on CPAC attendees’ shirts and jackets.

After Trump’s 2024 election victory, many Trump supporters dubbed it
“the greatest comeback in political history.” MAGA populist Steven Bannon invoked this phrase at a pre-CPAC event on Feb. 19.

When Bannon spoke on the CPAC main stage on Feb. 20, he led the crowd in a raucous “fight, fight, fight” chant. He compared Trump with Abraham Lincoln and George Washington and called for him to run again for president in 2028.

This is despite the fact that Trump running for a third term would violate the Constitution.

2. A wrecking ball

The MAGA faithful believe that Trump is like a human “wrecking ball,” as evangelical leader Lance Wallnau said in 2015. This metaphor speaks to how Trump supporters believe the president is tearing down an entrenched, corrupt system.

The day Trump took office, MAGA stalwarts underscore, he began to “drain the swamp” with a slew of executive orders.

One established the Department of Government Efficiency, or DOGE, which is devoted to eliminating government waste. DOGE, led by billionaire Elon Musk, has dismantled USAID and fired thousands of government workers whom MAGA views as part of an anti-Trump “deep state.”

Musk stole the show at CPAC on Feb. 20. Speaking to a cheering crowd, Musk held up a large red chain saw and yelled, “This is the chain saw for bureaucracy.”

Speaker after speaker at this year’s CPAC have celebrated this and other wrecking-ball achievements on panels with titles like “Red Tape Reckoning,” “Crushing Woke Board Rooms” and “The Takedown of Left Tech.”

3. The Midas touch

A golden age requires a builder. Who better, the MAGA faithful believe, than a billionaire businessman with a self-proclaimed “Midas touch.” This refers to King Midas, a figure in Greek mythology who turns everything he touches into pure gold.

“Trump Will Fix It” signs filled his 2024 campaign rallies. And MAGA supporters note that Trump began fixing the country on Day 1 by “flooding the zone” with executive orders aimed at implementing his four-pronged “America First” promise. In addition to draining the swamp, this plan pledges to “make America safe again,” “make America affordable and energy dominant again” and “bring back American values.”

These themes run through the remarks of almost every CPAC speaker, who offer nonstop praise about how Trump is securing the country’s borders, increasing energy independence, repatriating who they call illegal aliens, restoring free speech and reducing government regulation and waste.

CPAC speakers said that Trump has already racked up a slew of successes just a month into his presidency.

This includes Trump using the threat of tariffs to bring other countries to the negotiating table.

Meanwhile, Trump supporters are pleased that he has been working to cut deals to end the conflict in Gaza and the war between Russia and Ukraine, while reorienting U.S. foreign policy to focus on China.

House Speaker Mike Johnson expressed the prevailing MAGA sentiment when he stated at CPAC that Trump “wrote the art of the deal. He knows what he’s doing.”

CPAC attendees wear Trump-themed clothing at the four-day political conference on Feb. 20, 2025.
Andrew Harnick/Getty Images

American exceptionalism restored

The golden-age celebration at CPAC centered on Trump and his mission to “make America great again.”

Speaker after speaker, including foreign conservative leaders from around the world, paid homage to Trump and this message.

During her CPAC speech, Liz Truss, the former prime minister of the U.K., stated, “This is truly the golden age of America.” Truss, who does not have a current political position, told the CPAC audience that she wanted to copy the MAGA playbook in order to “make Britain great again.”

The MAGA faithful believe that Trump is restoring an era of American exceptionalism in which the U.S. is an economic powerhouse, common sense is the rule, and traditional values centered on God, family and freedom are celebrated.

And they believe in a future where the U.S. is, as Trump said in his inaugural address, “the envy of every nation.” More

When Germany’s chancellor, Olaf Scholz, chose in November to force this weekend’s snap election, it felt like awkward timing. In the United States, Donald Trump had just won a decisive victory and was promising to move fast and break things. With a political storm brewing, was this the right time for the EU’s most important member state to embark on a period of prolonged introspection?Three tumultuous months later, with German democracy itself in the crosshairs of a hostile Trump administration, Sunday’s poll feels more like a valuable opportunity for an emergency reset. Any federal election carries huge significance beyond Germany’s borders. This poll is distinguished by being the first of a new era – one in which the transatlantic alliance that underpinned Europe’s postwar security can no longer be relied upon. Its outcome will be fundamental to shaping the EU’s response to that new reality, as existential decisions are made over defence spending and protecting Ukraine.With the centre-right coalition of the Christian Democratic Union and the Christian Social Union comfortably ahead in the polls, the strong likelihood is that Mr Scholz, a Social Democrat, will be replaced as chancellor by Friedrich Merz. Mr Merz has emphasised the need to stand up to bullying from Mr Trump over Ukraine and potential trade tariffs. Increasingly hawkish on Russia and the need to protect the EU’s eastern flank, he would be likely to take a more expansive approach on the European stage than Mr Scholz, whose inward focus exasperated the French president, Emmanuel Macron.Mr Scholz had his reasons for that. However alarming the international outlook, for many voters Germany’s urgent priorities remain narrowly domestic. A spate of fatal attacks involving migrant suspects has been ruthlessly exploited by the far‑right Alternative für Deutschland (AfD) party, driving immigration to the top of the political agenda.All mainstream parties remain committed to the traditional firewall excluding the AfD from power (though Mr Merz relied on its votes to pass a recent opposition motion on stricter migration rules). But polls suggest it will achieve a comfortable second place on Sunday – a deeply disturbing position of strength for an ethno-nationalist party officially classified as suspected extremist. The party’s growing popularity among under-35 voters, and particularly among young men, is ominous.The rise of the far right has been accelerated by prolonged economic stagnation. Post-pandemic, Germany’s business model has been crushed by an end to the era of cheap Russian energy, higher interest rates and falling demand for its exports. Since Covid, almost a quarter of a million manufacturing jobs have been lost, in a country that prided itself on being Europe’s industrial powerhouse. A historic reluctance to borrow to invest – constitutionally enshrined in the 2008 debt brake – has become a liability, stymieing Mr Scholz’s attempts to respond.A suddenly isolated Europe needs a confident and prospering Germany at its heart. In a fragmented political landscape, it will almost certainly fall to another broad coalition government, led by Mr Merz, to try to deliver this. The AfD will, meanwhile, position itself as a Trumpian alternative-in-waiting, talked up by the likes of Elon Musk and the US vice‑president, JD Vance. Rarely has it been so important that the politics of moderation and consensus should succeed. In the post‑reunification era, the stakes both inside and outside Germany have never felt higher. More

While Donald Trump and his acolytes take a victory lap at the Conservative Political Action Conference this week, some of the president’s staunchest right-leaning critics will convene for their own event just 10 miles away.The Principles First summit, which will be held in Washington from Friday to Sunday, has become a venue for anti-Trump conservatives to voice their deep-seated concerns about the “Make America great again” faction of the Republican party, and the gathering has now grown in size and scope. As its organizers confront another four years of Trump’s leadership, they are stretching beyond party lines with speakers such as the billionaire Mark Cuban and Jared Polis, the Democratic governor of Colorado, to craft their vision for a new approach to US politics.That vision looks quite different than it did six years ago, when the conservative attorney Heath Mayo founded Principles First. At the time, Mayo, formerly a rank-and-file Republican who supported the presidential campaigns of Mitt Romney and Marco Rubio, hoped to present an anti-Trump alternative to fellow conservatives.“It started as disgruntled Republicans and conservatives, but that was back in 2019 when that objective seemed to be perhaps more realistic or people were holding out hope that the party would come to its senses,” Mayo said. “Over the years, it’s grown.”The group’s first summit attracted just a couple of hundred attenders in 2020, but the guest count at this year’s sold-out event has increased to about 1,100.“We’ve been surprised actually with the number of people that have signed up to come,” Mayo said. “I think it’s this hunger for new spaces in our politics – new ideas, new faces.”Those new faces include Cuban, who plans to address the summit on Saturday as his name has been floated as a potential presidential candidate in 2028. A vocal supporter of Kamala Harris’s campaign for the White House last year, Cuban might seem like an unorthodox choice for a presidential candidate, as he has never served in public office, but the same was said of Trump 10 years ago.“Clearly we live in a moment of disruption. Things are changing really fast … Democrats may have learned that lesson the hard way in November,” Mayo said. “That’s what I hope the weekend will be – a time for people to set aside the party labels and really ask where we’re going as a country.”The summit’s list of speakers reflects that mission, ranging from John Bolton, Trump’s former national security adviser, to Polis, the Colorado governor who has occasionally clashed with fellow Democrats over how to navigate the new Trump era. Other speakers include Chris Christie, the former Republican governor of New Jersey who has become a fierce critic of Trump, and four of the police officers who responded to the Capitol on 6 January 2021, as a group of the president’s supporters attempted to disrupt the congressional certification of Joe Biden’s electoral victory.View image in fullscreen“I feel like character and integrity are two non-negotiable, key components of Principles First,” said Rich Logis, founder of a group called Leaving Maga and a speaker at the summit. “If you look at the attendees, it’s a large, diverse swath of authors, thinkers and former elected officials. It doesn’t skew rightwing. It doesn’t skew leftwing. But what they all share in common is that they’re devoted to truth, democracy, liberal democracy and the rule of law.”Kyle Sweetser, another speaker at the summit and a former Trump supporter who voted for Harris in November, hopes that the event can offer an example of productive political discourse to fellow voters.“I think it’s more crucial than ever to offer some sort of platform, at least to reaffirm our commitment to core democratic values and principles,” Sweetser said. “And I’m really looking forward to some good discussion and hopefully some exchange of ideas that will strengthen our democracy.”Sweetser knows firsthand how difficult it can be to reach Trump supporters who have embraced the Maga movement. He voted for Trump twice before starting to question that loyalty, prompting him to diversify his media diet and seek out more information about the president’s record. He considers himself proof that Trump supporters can change their ways, a message he wants to bring to the Principles First summit.“I want some of the Democrats to understand that there’s a lot of Republicans out there that are good people, and if Democrats work for those people, then they will be able to pull some of those people over to their side,” Swisher said. “But unfortunately, it’s going to be a heavy lift. It’s going to take a lot of work, and it’s going to take patience.”Sweetser and Logis both predicted that Trump’s eventual failure to follow through on key campaign promises, like addressing the high inflation seen in recent years, would chip away at the president’s base and perhaps spur some of his supporters to reconsider their political identity.Some early examples of this trend may already be emerging. In Sweetser’s home state of Alabama, about 250 customers of a public utility company based in Huntsville just learned they would see a $100 surcharge on their energy bills after one of Trump’s executive orders paused a program aimed at lowering heating costs for low-income households.“I am wagering a bet that many in the Maga community right now are going to realize that the president is not going to fix anything for them,” Logis said. “When the scales start to fall a bit from the eyes, I want them to know that there’s an exit ramp.”That exit ramp eventually brought Logis to the Democratic national convention, where he was featured in a video explaining his transformation from a diehard Trump supporter to a Harris voter. Harris may not have been successful in November, but Mayo still sees a potential path to victory for a pro-democracy candidate who can unify the ideologically diverse group represented at Principles First.“There’s still a broad coalition out there that can be assembled, and it has got to be constructive. It’s got to have ideas and solutions for the challenges that Americans face, like the affordability crisis,” Mayo said. “At a time when it feels hopeless, it feels like there is a reason to be hopeful when you see that many people coming together to talk about these things.” More

The Late Show host delves into New York City’s congestion pricing and Bigfoot maybe becoming California’s official state cryptid.Stephen ColbertOn Thursday evening, Stephen Colbert took on a topic close to his professional home at New York’s Ed Sullivan theater: congestion pricing, a toll on most vehicles entering Manhattan’s central business district between 5am and 9pm to cut traffic and emissions.The new tax was introduced at the beginning of this year, “and it’s working”, Colbert explained, as January saw a 7.9% reduction in traffic, and the governor’s office noted that foot traffic to local businesses spiked. “Or, as the New York Times put it, ‘Ay! People are walking here!’” Colbert joked.“This seems like a good thing,” he continued, “so Donald Trump ruined it.” On Wednesday, Trump posted on Truth Social: “CONGESTION PRICING IS DEAD. Manhattan, and all of New York, is SAVED. LONG LIVE THE KING!”“Yes, the classic domain of an all-powerful king, what all kings do: regulate local toll roads,” Colbert laughed. “So the president of these United States has called himself a king. Which is the thing presidents are not supposed to do.” And then the White House social media posted an image of Trump wearing a crown.“You know he’s trolling us and we shouldn’t take the bait, but with this guy, every troll is a trial balloon. So here we go: Mr Trump, America will never bow before any king … not named Burger,” Colbert joked before donning a crown from the fast food chain.Meanwhile, New York’s governor, Kathy Hochul, did not back down on congestion pricing, tweeting simply: “The cameras will stay on.”The new model seems likely to survive the president’s attack – the federal government already approved it last year, and it cannot unilaterally terminate a program once it’s begun. “To put that in layman’s terms: we are already said yes to the dress!” Colbert explained. “Kleinfeld doesn’t get to have it back. We’re wearing it to the wedding, dancing all night in it and then saving it for our daughter, who will hate it.”In other news, “we live in truly paradigm-shattering times,” said Colbert. “Which is why I was not surprised to be shocked by how startled I was” when this week, California introduced a bill to recognize Bigfoot as the state’s official cryptid, a creature that people believe exists without proof that it does.“Well, that’s strange and unnecessary,” said Colbert. “California already has a mystical furry creature: Randy Quaid.”If the bill passes, it will open the door for other states to officially celebrate their own cryptids, such as New Mexico’s Jackalope, the New Jersey Devil, “and of course the most hideous beast of all: the New York Giuliani”, Colbert joked. More

Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff on all imported steel. In doing so, he’s using tariffs as a blunt-force tool under the assumption that they’ll be sufficient to jump-start the American steel industry.But that’s not the case.Tariffs are important, but they’re far from enough. Thanks to decades of disinvestment and terrible trade policies, the steel industry has grappled with decline and stagnation for years. It now faces grave threats as China continues to flood the global market with artificially cheap steel, manipulating prices in its favor. Meanwhile, the global market has begun a shift towards “clean” steel produced with electricity and hydrogen, a process the United States has only just started to support.To survive, the steel industry must modernize. To support that effort, the federal government should be implementing targeted tariffs alongside investments and incentives that help the industry grow and transition.Strategic tariffs can help protect steel manufacturing from excessive overcapacity and unfair price manipulation by foreign competitors. They can also be used to account for other effects, such as the impact of high-emissions steel production on health and the environment. For example, a tariff that considers carbon emissions in the production of a given unit of steel would help protect the domestic steel industry from foreign competitors’ cheap, high-emissions steel. The European Union is already implementing this kind of tariff, called a carbon-border adjustment mechanism. Revenue from this tariff – and others – could help our steel industry transition to clean technologies and accelerate the industry’s modernization.When tariffs are used for negotiation without being combined with other government tools, they can backfire. Already, Canada and the EU are preparing reciprocal tariffs on American steel and aluminum, which will make American steel even less desirable in those markets. Steel is a critical material in countless supply chains, from cars and planes to housing and infrastructure, and across-the-board increases in steel prices carry widespread economic risks. Trump’s 2018 tariffs on steel provide a roadmap for what we can expect: while production temporarily ticked up, exports declined almost 25% between 2018 and 2020, and after retaliation from China and Mexico, economists downgraded growth estimates, and business investment slowed.Tariffs are necessary for correcting distortions in global trade but are a poor tool for catalyzing the kind of investment needed for the long-term viability of the American steel industry, which needs to transition to clean technology to remain competitive globally. While tariffs can protect existing production capacity from being undercut, they won’t necessarily yield large infrastructure and modernization investments from domestic steel companies already operating at slim margins.But just as it has started to do for our domestic semiconductor industry, the federal government can combine fortified trade policies with structural support for the steel industry’s transformation. This could include investment tax credits for revamping steel-production facilities to use clean technologies and production tax credits for making domestic clean steel, spurring private investment across the steel industry.The federal government could leverage existing policies as well. For example, expanding the Biden administration’s “Buy America” requirements for federally funded projects, such as highway and bridge construction, to include domestically produced, 100% clean steel would strengthen demand for US-produced steel. Reviving “Buy Clean” standards for steel used in federal projects could also accelerate the industry’s modernization. These structural supports could be funded by the revenue from targeted, well-designed tariffs.skip past newsletter promotionafter newsletter promotionTrump has claimed his tariffs will create a “manufacturing boom”, turn America into a manufacturing “powerhouse” and “make America rich again”. But going all in on tariffs alone is an unsteady foundation for industrial policy. Unless Trump expands his strategy to include incentives and investment for the steel industry, his approach will be like a game of Jenga: eventually, it will all come crashing down.

Mike Williams is a senior fellow at the Center for American Progress and former deputy director of the BlueGreen Alliance More