Steel users protest import tariffs

When I was at the University of Illinois at Urbana- Champaign", I took a large number of economics courses, spanning everything from macro and micro to 300-level ag. ec. courses.

Perhaps our current President needs to pay some attention to my professors' claims that "free trade benefits everyone."

Unfortunately, he had to learn this the hard way. As shown in this article at the Financial Times, the users of the steel which is being tariffed by Mr. Bush are now complaining that they are becoming less competitive and thus dropping jobs. Estimates are that this set of tariffs, added last year to save jobs in the U.S. steel industry, has cost the production industries almost 200,000 jobs.

My professors would be shaking their heads right about now...