Policies that are meant to help some industries can end up hurting others. For example, the tariffs on imported steel that ____ U.S. steel producers may _____ firms that use steel in their products, such as elevator companies and car manufacturers.

Question

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Tariffs on imported steel are designed to protect domestic steel producers by making foreign steel more expensive, which benefits U.S. steel producers. However, this can lead to higher costs for companies that rely on steel as a raw material, such as elevator companies and car manufacturers, potentially harming them.

Policies That Are Meant to Help Some Industries Can End