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Trump’s tariffs on steel and aluminum is NOT going to make America great again!
Manage episode 200354523 series 102631
President Trump recently announced a new 25% tariff on steel and 10% tariff on aluminum imports. Tariffs are a horrible policy and protectionism doesn’t work! It might save a few jobs in the very short term but long term it’s a major job killer! Protectionism makes our companies less innovative and actually leads to U.S. companies being less competitive overseas! This is exactly what we don’t need right now! Tariffs cause a lot of intended consequences and I mention many of them in this episode.
106 episoade
Manage episode 200354523 series 102631
President Trump recently announced a new 25% tariff on steel and 10% tariff on aluminum imports. Tariffs are a horrible policy and protectionism doesn’t work! It might save a few jobs in the very short term but long term it’s a major job killer! Protectionism makes our companies less innovative and actually leads to U.S. companies being less competitive overseas! This is exactly what we don’t need right now! Tariffs cause a lot of intended consequences and I mention many of them in this episode.
106 episoade
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