March 9, 2018 — PBS NewsHour asked some of us six questions about the new tariffs. My responses appear below. The others’ are at: “Trump’s tariffs will do more harm than good, experts say,” March 8.
PBS: Would President Trump’s proposed tariffs on steel and aluminum imports help create more jobs in the United States, as he argues?
JF: The import tariffs are likely to create a few jobs specifically in the US firms that make steel and aluminum. The important point, however, is that such positive effects will be far outweighed by negative effects on other sectors.