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The George W. Bush administration's 2002 steel tariffs caused substantial economic harm without any observed benefits. The tariffs failed at boosting local steel employment, while substantially depressing local employment in steel-consuming industries for many years after Bush removed the tariffs. ⚖️📉🔧💼

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#SteelTariffs #EconomicImpact #TradePolicy #BushAdministration #JobMarket
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Government transfers to farmers adversely affected by trade wars during the first Trump administration substantially boosted Trump's vote share in the 2020 election – A $10 million increase to a county increased the Trump vote share swing in that county by 1.8 percentage points.

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#TrumpElection #TradePolicy #Farm subsidies
The costs of the Trump tariffs are borne by Americans – Contrary to the claims of the Trump administration, the passthrough rate of the 2025 Trump tariffs into prices were 92%, resulting in higher costs for US consumers and manufacturers who rely on imported inputs, as well as higher inflation.

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#TariffCosts #USInflation #TradePolicy
Science News
The costs of the Trump tariffs are borne by Americans – Contrary to the claims of the Trump administration, the passthrough rate of the 2025 Trump tariffs into prices were 92%, resulting in higher costs for US consumers and manufacturers who rely on imported…
📈 In 2025, US statutory tariff rates on imports climbed to century-high levels.

⬇️ Actual implemented rates were only half of statutory rates due to shipping delays, exemptions, and enforcement issues, lessening the tariff impact.

💲 Tariffs passed through to US import prices at 92 percent, meaning the US absorbed most of the cost.

#Tariffs #Economy #TradePolicy
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Americans who think it's best for men to earn the money while women stay home are more likely to support tariffs, a study of 16 years of US election data finds. This link between support for traditional gender roles and opposition to free trade goes back to at least 2008, before Trump-era politics.

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#TradePolicy #GenderRoles #TariffsReport
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Science News
Americans who think it's best for men to earn the money while women stay home are more likely to support tariffs, a study of 16 years of US election data finds. This link between support for traditional gender roles and opposition to free trade goes back to…
- 👨‍💼 A significant link exists between favoring traditional gender roles (male breadwinner, female homemaker) and skepticism towards free trade in the US, dating back to at least 2008.

- 📈 This connection isn't solely a feature of the Trump era; it's a long-standing predictor of trade attitudes, influencing both men and women across different political parties.

- 📉 While deindustrialization and job losses in manufacturing are often cited as reasons for trade skepticism, the preference for traditional gender roles appears to be a distinct and enduring factor in shaping these views.

#TradePolicy #GenderRoles #AmericanPolitics
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