A hypothetical unilateral 25-percentage-point increase in U.S. tariffs on all sectors and countries without retaliation could result in state-level consumption shifts ranging from a 0.8 percent decrease to a 2.3 percent increase, with an average national consumption gain of more than 0.5 percent.

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 (3)

• U.S. location
• tariff concept
• economic sectors concept