Assume you work for an Asian steel and aluminum exporter based out of Chicago. In 2018, the Trump administration adopted a certain trade restriction policy to support its new protectionist stance. The consequence was that your American clients now had to pay 25% more for the same Asian-originated steel, and 10% more for the same aluminum, and the price difference had to be paid by the US client to the US government. All this increased the cost of your clients' source materials and ultimately, their prices, affecting their entire value chains. You and your employers do not believe this was positive for Americans, because you all know that was a real example of _______, rather than _______:
Group of answer choices
Administrative trade policies; Import tariffs
Import quotas; Infant industry protection
Import tariffs; Administrative trade policies
Subsidies; Administrative trade policies