Beer, baseball bats and cars could get more expensive after President Trump imposes tariffs on foreign steel and aluminum. Researchers, though, say automation is much more of a job-killer and the United States should focus more on job training than tariffs. Those manufacturing advocates also note that when global aluminum prices fell more than 25% a couple years ago, beer companies didn't slash prices at the store. The advocates call hypocrisy on beer companies for complaining now about higher aluminum prices. Related: Why steel and aluminum tariffs matter to the US economyChina would still feel the pain from protective U.S. measures.

Source: CNN March 01, 2018 18:32 UTC