Philip Luck
π€ SpeakerAppearances Over Time
Podcast Appearances
Sure, these metals are in cars and cabinet hinges and pie tins, but it's also used in just about everything, says Philip Luck at the Center for Strategic and International Studies.
Even, say, paper needs a metal blade to cut down the tree and a metal-laden truck and forklift to ship and move the logs.
The question is, how much would that rollback impact most of us?
Economist and UCLA law professor Kimberly Clausing says consumers are struggling with the cost of health care and housing and groceries.
Steel and aluminum just don't account for that big a chunk of those costs.
The Department of Commerce didn't respond to a request for comment.
But Art Wheaton, director of labor studies at Cornell University, says now that this possible tariff is in the news, there's a pretty good chance President Trump will make it happen.
A rollback might not change the biggest bills, but Wheaton says if you're hoping to pay less for a new washing machine or a Ford F-150, it'd still be a welcome change.
I'm Kaylee Wells for Marketplace.
And I think June of 2023 was our first class that we did.
And I believe it was a drywall class.