While tariffs have an immediate inflationary impact by raising import costs, long-term effects depend on how businesses adjust supply chains, such as shifting to alternative suppliers or increasing domestic production.

Authors

• Person: Ramu Thiagarajan, Jennifer Bender, Michael Metcalfe Organization: State Street
  The price of protectionism: Understanding the economic tradeoffs of ...

Sources

• The price of protectionism: Understanding the economic tradeoffs of ... www.statestreet.com Ramu Thiagarajan, Jennifer Bender, Michael Metcalfe · State Street via serper

Referenced by nodes (1)

• tariff concept