Even from a protectionist perspective seeking to create domestic employment, tariffing steel and aluminum is poorly designed because 60 times as many workers are employed using those materials as produce them, so tariffs primarily harm downstream users

causalpending

Speaker

Larry Summers

Evidence Quote

there are 60, 6 0 times as many people who work in industries that use steel and aluminum as there are in the steel and aluminum industries

Source

Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall FergusonUniversity of Austin (UATX)
Created: 8/11/2026, 6:52:24 AM

My Notes

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