Trump's Tariffs Haven't Created Jobs, They Destroyed Some. The effects of new tariffs on domestic jobs can be uneven, according to economists' findings. Promising to reduce a longstanding trade deficit with China, curb theft of U.S. intellectual property, and reclaim manufacturing jobs, then-President Donald Trump announced new tariffs on a wide range of Chinese imports in January 2018. By at least one key set of measures, the move was a failure. Former President Donald Trump is pledging to supercharge one of his signature trade policies — tariffs — if he's re-elected this November, by imposing 10% across-the-board levies on all... The Trump tariffs and quotas that limit imports, imposed in 2018 to combat steel dumping by China and others, are only adding to the pressure. Inflation did not significantly increase after the 2018-2019 Trump tariffs of 7.5% to 25% were imposed on $370 billion worth of Chinese goods. But his proposed 60% tariff would hit Chinese ... As president, Mr. Trump imposed tariffs in 2018 and 2019 on $300 billion of Chinese imports, a punishment he wielded in order to get China to negotiate a trade deal with the United States. The Trump administration imposed several rounds of tariffs on steel, aluminum, washing machines, solar panels, and goods from China, affecting more than $380 billion worth of trade at the time of implementation and amounting to a tax increase of nearly $80 billion. Donald Trump’s proposal to impose tariffs as high as 60 percent on imports from China, and a global tariff of 10 to 20 percent, takes the right approach to addressing globalization’s failures... Tariffs are a hallmark of former President Trump’s economic agenda and some of them have bipartisan support as a way of dealing with China. But there are key differences between Trump and...
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