NRF Study Says Tariffs Would Cost 134,000 Jobs
The retail trade group, while endorsing the Administration’s effort to knock down China’s trade barriers, said its research shows that the proposed $50 billion in tariffs currently on the table will reduce U.S. GDP by nearly $3 billion while destroying 134,000 jobs, meaning that four jobs would be lost for every job saved by the tariffs. If the Administration imposes an additional $100 million in ... Log in to view full article.