When the United States imposes a tariff, the price of imported goods increases for people and businesses in the United States, with recent experience showing import prices increased by nearly the full amount of the tariff.

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 (1)

• U.S. location