If you look closely, there is a neat little graph that shows how much domestic producers raised their tire prices after the tariff on Chinese tires was imposed.
So keep promising what you cannot deliver. I want a pony.
That’s a seriously flawed analysis. First, although 50,000 factory workers in the American tire industry were being threatened by imports, they only considered the 1200 increase in employment after the tariffs, to be the “saved Jobs”.
Second, while the calculation of $716 million in additional tire costs to consumers for a year. They don’t ackowledge that was $716 million that was plowed back in the American economy. They act like it was all about the factory workers. They dismiss the money that went to the corporate offices, like corporate offices aren’t real jobs.
Sorry find a much less biased analysis. That institute promoted the WTO, NAFTA, and other free trade agreements. Of course they are going to try to skew their analysis to make it look like free trade is working and protectionism is wrong.
But a trip to walmart and shadowstats.com’s unemployment page tells you all you need to know about free trade.