Steel jobs might be particularly popular. George W. Bush also instituted steel tariffs, and the idea of protecting steel appears frequently in political campaign ads. Politicians appear to believe that protecting steel jobs resonates with Americans. A majority (52 percent) supported trade limits, while 20 percent opposed them. The experience with Bush’s short-lived steel tariffs, which reportedly resulted in 200,000 job losses, suggests steel-consuming industries suffer more than steel-producing industries gain.

Source: Washington Post March 07, 2018 16:03 UTC