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03/12/2019

3/12/19

On the subject of tariffs: One study found that Obama’s tire tariffs preserved at most 1,200 jobs at a cost to consumers of an extra $1.1 billion, or almost $1 million per job saved. Steel tariffs by Bush 43 had the same result benefiting 140,000 steel workers by hurting the 6.5million people that used steel to make things. The tradeoffs in tariffs are real and hardly ever balance out to the good.

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