This statistic provides an estimate of the projected number of jobs created or lost as a result of the Trump Administration's trade tariffs on steel and aluminum in 2018, by sector. Across the United States, the tariffs were predicted to create a net gain of 23,424 jobs in the iron and steel industry. However, the rising costs of production and trade tariff retaliation by major trading partners was estimated to cause significant job losses in other sectors. For example, the net number of job losses estimated for the construction industry is 63,930.
Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector *
*The source made calculations based on retaliation in the form of tariffs on imports from the U.S. imposed by the following countries/trade blocks: Canada, India, European Union, Russia, China, Japan, Turkey, Mexico. These were the countries with planned retaliation action at the time of publication.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Trade Partnership Worldwide. (June 5, 2018). Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector * [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/
Trade Partnership Worldwide. "Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector *." Chart. June 5, 2018. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/
Trade Partnership Worldwide. (2018). Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector *. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/
Trade Partnership Worldwide. "Projected Overall Number of Jobs Gained or Lost by Steel and Aluminum Tariffs and Subsequent Retaliations in 2018, by Sector *." Statista, Statista Inc., 5 Jun 2018, https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/
Trade Partnership Worldwide, Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector * Statista, https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/ (last visited December 30, 2024)
Projected overall number of jobs gained or lost by steel and aluminum tariffs and subsequent retaliations in 2018, by sector * [Graph], Trade Partnership Worldwide, June 5, 2018. [Online]. Available: https://www.statista.com/statistics/914121/predicted-impact-trumps-steel-aluminum-tariffs-jobs-sector/
