case write up 12

Based on your reading of the case, respond to the following question(s):

(a) Who are the winners and losers from steel tariffs?

(b) Referencing the class on political economy, what explains why the U.S. government might enact a policy like steel tariffs?

(c) Big steel firms were initially against the steel tariffs, despite the fact that they would seem to benefit from higher domestic steel prices. Later, they change their stance to favor steel tariffs later favored steel tariffs. What might explain why they weren’t in favor of steel tariffs throughout the period

 
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