President Donald Trump loves tariffs and hailing the jobs they create in protected industries, declaring last week that “tariffs are working” and again on May 5 that the taxes he imposed on Chinese imports “are partially responsible for our great economic results.”
If tariffs have created jobs in targeted industries such as steel, most economists argue that has been at a broader cost to the U.S. economy. But there may also be a more worrying trend emerging for Trump even as he roils markets again with threats to deploy more tariffs on China: The job bonanza in protected sectors is ...
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