2002 United States steel tariff (en.m.wikipedia.org)

submitted 6 days ago by [email protected] to c/[email protected]

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On March 5, 2002, U.S. President George W. Bush placed tariffs on imported steel. The tariffs took effect March 20 and were lifted by Bush on December 4, 2003. Research shows that "the costs of the Safeguard Measures [steel tariffs] outweighed their benefits in terms of aggregate GDP and employment".

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[-] [email protected] 8 points 6 days ago

Due to the current news of more tariffs, it's probably a good time to read about the effects when Bush did a similar thing 20 years back.

[-] [email protected] 13 points 6 days ago

Nice idea… too bad looking to the past and learning things from it is woke

[-] [email protected] 5 points 6 days ago

yeah we don't do that anymore. Might learn something we'd rather not know.

[-] [email protected] 3 points 6 days ago

like that every fascist government got millions of its own citizens killed

[-] [email protected] 4 points 6 days ago

Yeah but someone called Trump a chicken. So consequences be damned. Until he chickens out again

[-] [email protected] 2 points 6 days ago

wp:Tariffs in the first Trump administration#Steel and aluminum

this post was submitted on 31 May 2025

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