Tag: steel tariffs,US economy,Bush administration,manufacturing,economic policy,jobs,trade policy,globalization
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Did the 2002 Steel Tariffs Hurt More Than Help?
What happens when a government tries to protect an industry but ends up hurting its own workers? That’s exactly what played out with the George W. Bush administration’s 2002 steel tariffs—an economic move that ended up costing far more American jobs than it saved. Why Were Steel Tariffs Imposed in 2002? In early 2002, heavy […]