Imposing broad-based tariffs increases production costs in the United States because firms are required to pay tariffs on imported inputs, which acts as a distortive tax.

Authors

• Person: Not available Organization: Brookings
  Tariffs are a particularly bad way to raise revenue | Brookings

Sources

• Tariffs are a particularly bad way to raise revenue | Brookings www.brookings.edu Brookings via serper

Referenced by nodes (3)

• U.S. location
• tariff concept
• taxa concept