In countries targeted by tariffs, industries face lower export demand because their goods become relatively more expensive in the importing country, leading to lower sales and lost market share.

Authors

• Person: Not available Organization: Oxford Economics
  Tariffs 101: What are they and how do they work? - Oxford Economics

Sources

• Tariffs 101: What are they and how do they work? - Oxford Economics www.oxfordeconomics.com Oxford Economics via serper

Referenced by nodes (1)

• tariff concept