US steel tariffs likely to damage labour market – NY Fed research

steel

The tariffs on steel imports announced by president Donald Trump’s administration in March are likely to have a negative net effect on the US labour market, research published by the Federal Reserve Bank of New York finds.

In Will New Steel Tariffs Protect US Jobs?, Mary Amiti, Sebastian Heise, and Noah Kwicklis argue these protectionist measures will increase costs for US exporters who rely on steel imports.

Trump announced the new tariff of 25% on steel imports with the aim of protecting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.