March 7, 2018

More communities would be hurt than helped by steel and aluminunum tariff hike

Governing -The most recent Labor Department employment estimates show only a select few regions would receive a boost from increased domestic aluminum and steel production. A much larger number of economies, however, are closely tied to industries likely to be hit by steeper costs.

Two segments of the economy tracked in the Labor Department’s Quarterly Census of Employment and Wages most certain to benefit are "iron and steel mills" and aluminum production. They collectively accounted for 139,000 jobs as of June 2017, or about 0.1 percent of the nation’s workforce.

1 comment:

Anonymous said...

I'm guessing Trump has been a follower of these pages.

He has read all of the opinions on populism and what the dems should be doing

to continue to exist. Too bad the dnc didn't. I'm sure the dems will counter

this move with more gun control and claims that the Russians are here to sap us

of our precious bodily fluids.