When imported goods are used as inputs for further production, foreign exporters lowering prices does not prevent the cost of inputs from rising, which hurts downstream producers.

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 (1)

• imported goods concept