A great example of the ripple effects of tariffs: http://www.philly.com/philly/business/trump-commerce-paper-mill-newsprint-tariffs-20180612.html
Summary: a private equity firm that owns a paper mill in Washington State petitioned the government for a tariff on Canadian newsprint, to try and increase the mill's value. The administration imposed a tariff that has led to a 30% increase in the cost of newsprint. U.S. newspapers, many of which were already struggling, are laying off staff as a direct consequence of the increased costs. Industry executives say that job losses may be in the thousands. The mill employs 250 people.
Yeah, but those were elitist book-learnin’ jobs. Probably mostly done by womenfolk. Who needs those?
