Steel Tariff Proposition: Will It Work?
Elementum
AUGUST 17, 2017
This viewpoint is based on choices made by previous administrations: in 2002, for example, former U.S. President Bush imposed tariffs of up to 30% on steel imported from Japan and the European Union (EU) which cost 200,000 jobs in steel-involved industries, with the unemployment rate being at 6% by the end of 2002. exports to do well.
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