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A comment on China backtracked on almost all aspects of U.S. trade deal – sources. Parent comment

Re:China backtracked on almost all aspects of U.S. trade dea... by simonh on Wednesday May 08, 2019 @11:31AM (#19859764)
Very similar story with the Obama tire tariff. $926,000 cost to consumers per job saved, plus the loss of 3 retail jobs due to consumers spending more on tires and less on other stuff.

http://www.aei.org/publication/2009-tire-tariffs-cost-us-con...

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Re:China backtracked on almost all aspects of U.S. trade dea... by scarface74 on Wednesday May 08, 2019 @12:14PM (#19860264)
As usual, when the government gets involved in the market and the economy, with a combination of incompetence and cow towing to special interest, it makes the situation worse.
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