by b_b

There's this:

And if manufacturers are ranked on a scale of 1 to 100 for exposure to import competition from China, between 1992 and 2007, workers in firms high on the exposure scale lost nearly half a year’s pay, compared to workers in firms at the low end of the scale.

But also this:

The Obama administration’s decision to restrict tire imports from China, they contend, “saved a maximum of 1,200 jobs” at “the total cost to American consumers from higher prices” of $1.1 billion in 2011. “The cost per job saved was at least $900,000 in that year. Only a very small fraction of this bloated figure reached the pockets of tire workers. Instead, most of the money landed in the coffers of tire companies, mainly abroad but also at home.”