Old_Trapper70
Well-Known Member
- Joined
- Dec 17, 2014
- Messages
- 2,383
According to most economists the tariffs will cost jobs, not create jobs:
https://www.clubforgrowth.org/free-...ump-to-reconsider-aluminum-and-steel-tariffs/
"As President, you pledged to put America and American jobs first. But imposing tariffs would be bad for the economy and bad for American workers. U.S. manufacturers that consume steel employ an estimated 40 to 60 times more U.S. workers than do steel producing facilities. This tax hike would put these jobs at risk. In fact, when George W Bush increased tariffs on steel, 200,000 jobs were lost as a direct result.
If the U.S. government develops a fortress mentality in a global marketplace, it will spur trading partners to treat U.S. products in the same manner. If foreign governments imitate the U.S. government’s use of tariffs, U.S. exports of manufactured goods could decline. Nothing is more important to long-term U.S. prosperity than being able to sell America’s exceptional products in markets that 95 percent of the world’s population call home."
https://www.clubforgrowth.org/free-...ump-to-reconsider-aluminum-and-steel-tariffs/
"As President, you pledged to put America and American jobs first. But imposing tariffs would be bad for the economy and bad for American workers. U.S. manufacturers that consume steel employ an estimated 40 to 60 times more U.S. workers than do steel producing facilities. This tax hike would put these jobs at risk. In fact, when George W Bush increased tariffs on steel, 200,000 jobs were lost as a direct result.
If the U.S. government develops a fortress mentality in a global marketplace, it will spur trading partners to treat U.S. products in the same manner. If foreign governments imitate the U.S. government’s use of tariffs, U.S. exports of manufactured goods could decline. Nothing is more important to long-term U.S. prosperity than being able to sell America’s exceptional products in markets that 95 percent of the world’s population call home."