More Costly Steel Tariffs on the Horizon.
More Costly Steel Tariffs on the Horizon.
www.cato.org /blog/more-costly-steel-tariffs-horizon
On February 9, President Trump announced he would impose a 25 percent tariff on all imports of steel and aluminum this week. Protecting American steelmaking may make for good politics, but it’s a recipe for significant losses for the American economy, particularly manufacturing.