Webthat steel tari˛s will bring back jobs. Indeed, the fact that foreign steel producers have lowered their prices in response to U.S. tari˛s may help explain why U.S. steel production only rose by 2 percent per year between the third quarter of 2024 and the third quarter of 2024 despite 25 percent steel tari˛s.3 2 Data and Background Webtari s from 2 to 25 percent in all goods-producing sectors.1 The U.S. population-weighted average welfare increases by 0:5 percent with the increased tari . The impacts are quite heterogeneous across states. Welfare gains range from 0:3 percent in Florida to 3:8 percent in Wyoming. We decompose the welfare change into (i) the change in real factor
Disentangling the E ects of the 2024-2024 Tari s on a …
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