Professor William F. Shughart II, of Utah State University, and research fellow Kristian Fors, of the Center for Growth and Opportunity, outline why President Trump’s steel tariffs will cause more economic damage than good. While the tariffs may enable more people to work in the U.S. steel industry, larger losses will be incurred in other areas of the economy, and the tariffs will, at best, delay the inevitable market forces that prompted steel producers to move overseas initially
Op-ed: Tariffs and Econ 101
By William F. Shughart II
CGO scholars and fellows frequently comment on a variety of topics for the popular press. The views expressed therein are those of the authors and do not necessarily reflect the views of the Center for Growth and Opportunity or the views of Utah State University.