Tariffs cost more US jobs than immigration [MSN Money]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: MSN Money
President Donald Trump ran his 2016 election campaign based in part on the idea that immigration and unfair trade practices cost American jobs. And he's put that notion into practice. Load Error As his administration executes policies for both immigration and trade, angering allies and rivals from Canada, Mexico and the EU to China, studies released in recent weeks highlight a contradiction in that strategy. First, take trade. Tariffs on steel and aluminum imports to the U.S. can help local producers of the metals by making foreign products more expensive. But they can also boost costs for U.S. manufacturers that can't source all their needs locally and must import the materials. That costs more for those companies and can lead to higher consumer prices -- and eventually job loss, economists say. Steel and aluminum production jobs represent a small segment of the U.S. economy -- about 255,000 jobs in steel and 61,000 in aluminum, according to Moody's Investors Serv
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website