The United States economy would experience a shift in manufacturing activity under higher tariffs, moving resources away from high-value exports like aircraft toward the production of lower-end goods like textiles.

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 (4)

• U.S. location
• manufacturing concept
• exports concept
• aircraft concept