CPA’s updated economic model finds more than 2 million jobs created   Washington. Despite pessimistic predictions from many economists, the administration’s steel tariffs are creating US jobs and stimulating growth, according to a new economic model produced by the Coalition for a Prosperous America (CPA). CPA’s economic team found that the steel tariffs, in combination…

By Jeff Ferry and Steven L Byers When the Trump administration implemented tariffs on steel and aluminum in March 2018, many economists predicted job losses and consumer price hikes. Their predictions relied, in part, on economic models which forecasted job losses of 200,000 or more from the tariffs. Yet the US economy is creating jobs…

By Jeff Ferry and Steven L. Byers Abstract In March 2018, President Donald Trump signed Proclamations imposing a tariff of 25 percent on US imports of steel from all countries excluding Canada and Mexico. The tariff is a response to years of foreign producers dumping their product on the US market, causing severe declines in…