Tariffs act as a redistributive mechanism that boosts profits for domestic part manufacturers while increasing costs for equipment manufacturers and reducing sales for United States exporters.

Authors

• Person: Not available Organization: Tax Foundation
  Trump Tariffs: Prices & Long-Term Economic Effects - Tax Foundation

Sources

• Trump Tariffs: Prices & Long-Term Economic Effects - Tax Foundation taxfoundation.org Tax Foundation via serper

Referenced by nodes (2)

• tariff concept
• U.S. location