Trump’s 2018 steel tariffs brought higher prices, did little to boost jobs


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Laborers fill orders of machine grade steel to be shipped out at the Pacific Machinery & Tool Steel Company in Portland, Ore., on March 6, 2018.Natalie Behring/Getty Images As U.S. President Donald Trump aggressively erects walls around the American economy in a bid to bring manufacturing jobs back to his country, there’s little evidence from his 2018 tariff campaign against foreign steel and aluminum to suggest that will happen. Instead, the latest tariff blockade on those products threatens a repeat of what happened last time: higher prices for consumers and pain for American manufacturers. On...