The revenue-maximizing tariff Laffer curve identifies an optimal tariff point for maximizing government duties, though excessively high tariffs can eventually lead to a revenue decline by drastically decreasing import volumes.

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 (1)

• tariff concept