One Nebraska U.S Senator doesn’t share the President’s optimism on trade wars. Senator Ben Sasse told KLIN’s Jack Mitchel on LNK Today, just going by the numbers, it’s not hard to see why tariffs on aluminum and steel would be bad for American workers. “There are 140,000 steel workers in America,” Sass said. “There are more than 5 million America factory workers that use steel as an input.”
Senator Sass says because there are more people who need steel and aluminum for making products than can currently produce them, production costs would rise as a result of the tariffs. CEOs would then have to decide to either raise the prices of their products (bad for consumers) or cut workers (bad for… the workers) to keep up with the increased costs.
Sasse claims that would only be the tip of the iceberg, as this scenario doesn’t even take into account retaliatory measures by other countries as a response to the tariffs
“This is disastrously stupid for .American consumers” Sasse said about the tariffs. “It’s horrible for what will happen in retaliation against Ag products
Senator Sasse says congress is almost powerless to stop the President from implementing his plan, so it’s up to voters to educate themselves on what a trade war would mean for them, and if they really want to be drafted into one.