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Depends on where the worker is in the supply chain. For example: https://www.cato.org/blog/how-american-steel-protectionism-harms-american-manufacturers-one-s
by dsv3099i 2y ago
Depends on where the worker is in the supply chain. For example:
https://www.cato.org/blog/how-american-steel-protectionism-harms-american-manufacturers-one-simple-chart https://www.cato.org/blog/how-american-steel-protectionism-h...
"Numerous economic analyses have shown that these measures raise domestic steel prices and harm steel-consuming U.S. manufacturers, including by disadvantaging them against foreign competitors with access to lower-cost (less-tariffed) steel inputs."
I suppose there's something to the argument that steel is a security priority and protecting it is worth some cost, but there is definitely a cost.