Wall Street Journal (September 11)
2023/ 09/ 12 by jd in Global News
“For every American employed making steel or aluminum in 2018, 36 were employed by firms that used steel or aluminum as inputs. By raising the prices of these metals, Mr. Trump’s tariffs destroyed far more manufacturing jobs than they created. Overall manufacturing employment fell in each of the four quarters of 2019…. Under Mr. Trump’s protectionist policy, total manufacturing output was 2% lower by the start of the pandemic than it was when he raised tariffs.”
Tags: 2018, Aluminum, Destroyed, Employment, Fell, Inputs, Jobs, Manufacturing, Metals, Output, Pandemic, Prices, Protectionist policy, Steel, Tariffs, Trump
