this post was submitted on 31 May 2025
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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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[–] awesomesauce309@midwest.social 13 points 3 days ago (1 children)

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

[–] cron@feddit.org 5 points 3 days ago (1 children)

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

[–] Quill7513@slrpnk.net 3 points 3 days ago

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