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The first Trump term tariffs on washing machines was studied, it resulted in jobs that cost ~820k each in higher prices to the consumer. The important takeaway
by turtlesdown11 3mo ago
The first Trump term tariffs on washing machines was studied, it resulted in jobs that cost ~820k each in higher prices to the consumer.
The important takeaway is not only did the consumer pay more, but corporate profits rose.
https://bfi.uchicago.edu/wp-content/uploads/BFI_WP_201961-1.pdf https://bfi.uchicago.edu/wp-content/uploads/BFI_WP_201961-1....