The direct and immediate impact of steel and aluminum tariffs will be higher prices. While primary metals will benefit, the rest of manufacturing will face higher costs and margin pressure. Potential employment gains in primary metals could be more than offset by losses in other industries. Protectionism does not increase GDP, and could actually widen the trade deficit.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.