In Steel Tariffs Show Protectionism On The Rise, I noted that 145% steel pipe and steel grating tariffs would bring a reaction from China.

Who Benefits From This?
Essentially no one. Potentially a few hundred steel workers get jobs back, but everyone using those products has to pay more. Demand will slow and price pressures will increase on everyone using those products. In aggregate, more jobs will be lost as a result of these tariffs than gained.

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