US Steel reopening plant and bringing back jobs: CEO on Trump tariffs

no deposit options trader
Ayrex
binary options

The proposed steel tariff will benefit the steel industry.

This is what is seen as a consequence of the steel tariff. What is unseen is the higher prices for goods that use steel, the lower quantity demanded of those goods, and the resulting lost jobs in industries like automobile manufacturing and construction.

Bastiat’s “What Is Seen and What Is Unseen” continues to be relevant to public policy. Sadly. It’s almost like politicians have no incentive to learn and implement what economists have been demonstrating, logically and empirically, since David Hume’s and Adam Smith’s fights against mercantilism in the 18th century.

Leave a Reply

Do you want the broker to contact you,
answer all your questions and offer the best conditions?

Receive Signals


Profitable binary options trading

trading binary options

Binary Option Trading Service

Ayrex

Copy Trading

copy trading

Best investing Platform

best investing platform

Bitcoin investing Bonus

bitcoin bonus binary options

Copy Trading

binary options copy trading