Imposing significant tariffs can provoke retaliatory actions from trade partners, potentially escalating into a trade war and causing widespread economic damage that negates consumption gains for U.S. consumers.

Authors

• Person: Not available Organization: Federal Reserve Bank of Dallas
  U.S. tariff outcomes dependent on trading partner responses

Sources

• U.S. tariff outcomes dependent on trading partner responses www.dallasfed.org Federal Reserve Bank of Dallas via serper

Referenced by nodes (2)

• tariff concept
• trade war concept