NEW YORK TIMES
New research finds that former President Donald J. Trump’s tariffs did not bring back U.S. jobs, but voters appeared to reward him for the levies anyway.
The sweeping tariffs that former President Donald J. Trump imposed on China and other American trading partners were simultaneously a political success and an economic failure, a new study suggests. That’s because the levies won over voters for the Republican Party even though they did not bring back jobs.
The nonpartisan working paper examines monthly data on U.S. employment by industry to find that the tariffs that Mr. Trump placed on foreign metals, washing machines and an array of goods…
