"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Trump's steel and aluminum tariffs to cost U.S. jobs: research

Source: Xinhua    2018-03-07 00:16:16

WASHINGTON, March 6 (Xinhua) -- U.S. President Donald Trump's new tariffs on imported steel and aluminum would cost the U.S. nearly 146,000 jobs, according to a latest research by the Trade Partnership, a Washington-based consulting firm.

Trump announced March 1 that the United States planned to impose 25 percent of tariff on steel imports and 10 percent for aluminum, as these imports threaten the U.S. national security.

"The tariffs would increase U.S. iron and steel employment and non-ferrous metals (primarily aluminum) employment by 33,464 jobs, but cost 179,334 jobs throughout the rest of the economy, for a net loss of nearly 146,000 jobs," said the research.

"More than five jobs would be lost for every one gained," said Joseph Francois and Laura Baughman who co-authored the research.

Services sectors will be hit the hardest, the research found. Consumers are likely to reduce spending when they are hit by higher costs and lost wages from unemployment.

Negative impacts "would ripple through the economy," warned the research.

Moreover, the research didn't take into account any potential retaliation against U.S. exports, signaling the real impacts are likely to be much larger.

The European Commission is preparing punitive tariffs on U.S. exports from motorcycles to Kentucky bourbon, according to European Commission President Jean-Claude Juncker.

Editor: Yurou
Related News
Xinhuanet

Trump's steel and aluminum tariffs to cost U.S. jobs: research

Source: Xinhua 2018-03-07 00:16:16

WASHINGTON, March 6 (Xinhua) -- U.S. President Donald Trump's new tariffs on imported steel and aluminum would cost the U.S. nearly 146,000 jobs, according to a latest research by the Trade Partnership, a Washington-based consulting firm.

Trump announced March 1 that the United States planned to impose 25 percent of tariff on steel imports and 10 percent for aluminum, as these imports threaten the U.S. national security.

"The tariffs would increase U.S. iron and steel employment and non-ferrous metals (primarily aluminum) employment by 33,464 jobs, but cost 179,334 jobs throughout the rest of the economy, for a net loss of nearly 146,000 jobs," said the research.

"More than five jobs would be lost for every one gained," said Joseph Francois and Laura Baughman who co-authored the research.

Services sectors will be hit the hardest, the research found. Consumers are likely to reduce spending when they are hit by higher costs and lost wages from unemployment.

Negative impacts "would ripple through the economy," warned the research.

Moreover, the research didn't take into account any potential retaliation against U.S. exports, signaling the real impacts are likely to be much larger.

The European Commission is preparing punitive tariffs on U.S. exports from motorcycles to Kentucky bourbon, according to European Commission President Jean-Claude Juncker.

[Editor: huaxia]
010020070750000000000000011100001370205461
主站蜘蛛池模板: 孝昌县| 兴文县| 沅陵县| 仁布县| 金昌市| 黔西县| 乌拉特前旗| 四平市| 环江| 江北区| 荥阳市| 两当县| 大洼县| 丹阳市| 红安县| 桂东县| 西和县| 运城市| 邵武市| 应城市| 宜良县| 呈贡县| 临武县| 恩施市| 延吉市| 建湖县| 新蔡县| 闽侯县| 岳阳县| 仙游县| 称多县| 溆浦县| 阿勒泰市| 汾阳市| 墨玉县| 临汾市| 泰宁县| 韩城市| 吉林省| 梁平县| 昭通市|