Retaliatory tariffs from foreign countries increase the prices foreign consumers pay for United States exports, which harms United States exporters by reducing sales.

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)

• U.S. location
• retaliatory tariffs concept