How Trump Is Undermining Industries He Pledged to Help

New York Times: “Even as the president’s pro-business stance is broadly embraced by the corporate community, in some significant cases the very industries that Mr. Trump has vowed to help say that his proposals will actually hurt them. They also warn that policies designed to aid one group will eat into someone else’s business in ways that policymakers should have anticipated.’ … Automakers, for instance, had sought looser emissions rules.”

“However, Mr. Trump’s proposed rollback goes further than expected, and now automakers say it could ultimately spawn years of legal battles and perhaps even subject the industry to more regulations, not fewer, if individual states start enforcing their own, separate rules… Oil and gas companies say a Trump administration proposal to bail out the coal industry will cut into their market share, while steel tariffs make their production equipment costlier.”