20X as Many U.S. Jobs Created from Trump Tariffs t
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Posted On: 08/17/2018 11:45:53 PM
20X as Many U.S. Jobs Created from Trump Tariffs than Jobs Lost
There are 20 times as many American jobs that have been created in the last six months thanks to President Trump’s tariffs on imported foreign goods than jobs that have been lost.
Research by a Coalition for a Prosperous America (CPA) finds that the number of U.S. jobs gained because of Trump’s tariffs on imported steel, aluminum, solar panels, and washing machines exceeds the number of U.S. job losses because of the tariffs by a staggering 20-to-1 ratio.
As Breitbart News reported, the CPA research has found that over the last six months, there have been about 11,100 U.S. jobs created due to Trump’s protective tariffs. On the other hand, there have been about 514 job losses directly tied to the tariffs.
“We keep hearing stories about the sky falling because of President Trump’s strong hand in enforcing existing US trade laws,” CPA Chair Dan DiMicco, who worked on Trump’s transition team, said in a statement. “ But the past six months have shown impressive job creation in skilled, high-wage sectors against only very negligible, accompanying job losses.”
The most notable increases in job gains due to the tariffs were in the domestic steel and aluminum jobs. In the steel industry, alone, nearly 5,000 manufacturing jobs have been created.
In the aluminum industry, a little less than 3,000 manufacturing jobs have been created thanks to Trump’s tariffs.
“President Trump’s safeguard actions are working well, and are already having a direct effect on US manufacturing,” CPA Chair Dan DiMicco, who worked on Trump’s transition team, said in a statement. “We’re very pleased to see the results that come from enforcing America’s trade laws, and we expect more high-paying jobs to keep coming online.”
In the solar industry, there have been 1,150 new U.S. jobs created thanks to the tariffs and another 2,100 jobs created in the washing machine industry.
As Breitbart News’s Sean Moran previously reported, CPA economists and researchers predicted that overall, about 19,000 jobs will be created because of Trump’s protective tariffs, which have proved incredibly popular with American business owners, workers, and GOP voters.
There are 20 times as many American jobs that have been created in the last six months thanks to President Trump’s tariffs on imported foreign goods than jobs that have been lost.
Research by a Coalition for a Prosperous America (CPA) finds that the number of U.S. jobs gained because of Trump’s tariffs on imported steel, aluminum, solar panels, and washing machines exceeds the number of U.S. job losses because of the tariffs by a staggering 20-to-1 ratio.
As Breitbart News reported, the CPA research has found that over the last six months, there have been about 11,100 U.S. jobs created due to Trump’s protective tariffs. On the other hand, there have been about 514 job losses directly tied to the tariffs.
“We keep hearing stories about the sky falling because of President Trump’s strong hand in enforcing existing US trade laws,” CPA Chair Dan DiMicco, who worked on Trump’s transition team, said in a statement. “ But the past six months have shown impressive job creation in skilled, high-wage sectors against only very negligible, accompanying job losses.”
The most notable increases in job gains due to the tariffs were in the domestic steel and aluminum jobs. In the steel industry, alone, nearly 5,000 manufacturing jobs have been created.
In the aluminum industry, a little less than 3,000 manufacturing jobs have been created thanks to Trump’s tariffs.
“President Trump’s safeguard actions are working well, and are already having a direct effect on US manufacturing,” CPA Chair Dan DiMicco, who worked on Trump’s transition team, said in a statement. “We’re very pleased to see the results that come from enforcing America’s trade laws, and we expect more high-paying jobs to keep coming online.”
In the solar industry, there have been 1,150 new U.S. jobs created thanks to the tariffs and another 2,100 jobs created in the washing machine industry.
As Breitbart News’s Sean Moran previously reported, CPA economists and researchers predicted that overall, about 19,000 jobs will be created because of Trump’s protective tariffs, which have proved incredibly popular with American business owners, workers, and GOP voters.
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