Trade war: Why Biden and Trump are working to out-tariff each other -WaExaminer
The terrible lesson Biden learned from Trump on trade – WaPost
“…steel and aluminum tariffs are not good for the U.S. manufacturing sector or its workers. That’s because many fewer workers are employed by firms that make these metals than they are by firms that use these metals as a product input (e.g., for cars or kitchen appliances). The ratio of steel-using jobs to steelmaking jobs is about 75 or 80 to 1. Raising input costs puts those downstream firms and workers at a competitive disadvantage.”