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Study: Nearly 1 million jobs could be lost if 301 tariffs are raised

February 6, 2019 at 5:55 PM
A new study says the U.S. economy could lose nearly a million jobs over the next few years if the administration raises tariffs on $200 billion worth of Chinese goods to 25 percent. A slew of recently imposed U.S. tariffs and retaliatory duties, along with President Trump’s threatened increase in Section 301 tariffs on Chinese goods, would lead to a U.S. GDP drop of 0.37 percent annually, according to the study released on Wednesday by Tariffs Hurt the Heartland, an...

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