Trump's tariffs open the door to crony capitalism

With President Trump's tariffs now set to exact a price from thousands of businesses, the stage is set for the next act in the drama: special favors exempting certain applicants from the punishment, giving them an advantage over less-lucky competitors. Just one day after enacting new 25% tariffs on most imports from Canada and Mexico, the Trump administration said it is giving a one-month exemption to three domestic automakers, General Motors, Ford, and Stellantis. That means vehicles they make at plants in Mexico and Canada and import to the United States won't be subject to the tariffs right away, provided…