claim
Trade deflection occurs when exporters in other countries send their goods to markets other than the United States to escape higher US tariffs, which generates new political economy pressures to change tariff levels in both the exporting nations and the nations experiencing the import surge.
Authors
Sources
- World Trade Without the US | Cato Institute www.cato.org via serper
Referenced by nodes (2)
- U.S. tariffs concept
- U.S. location