In 2018, when the Trump administration imposed a 25 percent tariff on imports of stoel to the United States, economists at the Federal Reserve Bank of New York wrote, "We can conclude that the 25 percent steel tarif is likely to cost more jobs than it saves." Source: Mary Amiti, Sebastian Heise, and Noah Kwicks, Will New Steel Tariffs Protect U.S. Jobs "https:Mibertystateconomics.wwwyorked.org/2018/01/will now steel tariffs protect us jobs.html. April 19, 2018 Why might a tariff on steel imports cost more jobs than it saves? O A Atari will lower the price of steel, lowering the profits of forms, and lower profits will result in less steel produced, decreasing the number of jobs in the steel industry B. A tarif will raise the price of steel, increasing the costs to form and Niger costs will result in higher prices, leading to lower sales and potentially lost jobs OC. A tariffon stoel imports will most likely cost more jobs than it saves the tarif is the result of congressional logroling OD. The only way a tariff will cost more jobs than it saves is it a country reacts to the tariff by imposing even larger tariffs on other US products Which jobs are being saved, and which are being for? O A. Al jobs in the US elindustry are saved, but some foreign jobs in the sheel industry are lost OB. Some jobs that use steel as an input are saved, but some jobs in the US elindustry are lost OC. Some jobs in the US Steel Industry are saved, but some jobs that use tool as an input are lost OD. No jobs are lost since the tarif raises the price of imported steel ko select your answer 2 In 2018, when the Trump administration imposed a 25 percent tariff on imports of stoel to the United States, economists at the Federal Reserve Bank of New York wrote, "We can conclude that the 25 percent steel tarif is likely to cost more jobs than it saves." Source: Mary Amiti, Sebastian Heise, and Noah Kwicks, Will New Steel Tariffs Protect U.S. Jobs "https:Mibertystateconomics.wwwyorked.org/2018/01/will now steel tariffs protect us jobs.html. April 19, 2018 Why might a tariff on steel imports cost more jobs than it saves? O A Atari will lower the price of steel, lowering the profits of forms, and lower profits will result in less steel produced, decreasing the number of jobs in the steel industry B. A tarif will raise the price of steel, increasing the costs to form and Niger costs will result in higher prices, leading to lower sales and potentially lost jobs OC. A tariffon stoel imports will most likely cost more jobs than it saves the tarif is the result of congressional logroling OD. The only way a tariff will cost more jobs than it saves is it a country reacts to the tariff by imposing even larger tariffs on other US products Which jobs are being saved, and which are being for? O A. Al jobs in the US elindustry are saved, but some foreign jobs in the sheel industry are lost OB. Some jobs that use steel as an input are saved, but some jobs in the US elindustry are lost OC. Some jobs in the US Steel Industry are saved, but some jobs that use tool as an input are lost OD. No jobs are lost since the tarif raises the price of imported steel ko select your answer 2
