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Tariff Retaliation Poses Real Danger To U.S. Economy
Tariffs Cost More Than 24,000 Jobs In Agriculture Sector & Nearly 500,000 In Total

Recently Proposed Steel & Aluminum Tariffs, As Well As The Threat Of Retaliation, Would Cost The U.S. Nearly Half A Million Jobs:

Tariff Retaliation Would Result In A Net Loss Of Nearly 470,000 Jobs. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18)

  • Tariff Retaliation Would Cost 24,054 Agriculture Jobs. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18)
  • Trade & Distribution Services, Which Rely Heavily On Agriculture, Would Lose 132,108 Jobs. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18)

On Average, Tariff Retaliation Would Lead To 18 Jobs Lost For Every One Gained In The Steel & Aluminum Sectors. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18)

Every U.S. State Would Experience A Net Loss Of Jobs As A Result Of Tariff Retaliation. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18)

Production Workers & Those In Low-Skill Jobs Would Be Hit The Hardest, Accounting For Two-Thirds Of All Job Losses. (Dr. Joseph Francois & Laura M. Baughman, “Round 2: Trading Partners Respond: The Estimated Impacts Of Tariffs On Steel And Aluminum,” The Trade Partnership, 3/13/18) 

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