US Steel reopening plant and bringing back jobs: CEO on Trump tariffs

The proposed steel tariff will benefit the steel industry. This is what is seen as a consequence of the steel tariff. What is unseen is the higher prices for goods that use steel, the lower quantity demanded of those goods, and the resulting lost jobs in industries like automobile manufacturing and construction. Bastiat’s “What Is … More US Steel reopening plant and bringing back jobs: CEO on Trump tariffs