Following a 10 percent tariff on $100 sneakers, the cost to U.S. consumers rises to $104.50, which is lower than the $110 cost that would occur if pre-tariff terms of trade remained unchanged.

Authors

• Person: Not available Organization: Federal Reserve Bank of Dallas
  U.S. tariff outcomes dependent on trading partner responses

Sources

• U.S. tariff outcomes dependent on trading partner responses www.dallasfed.org Federal Reserve Bank of Dallas via serper

Referenced by nodes (1)

• tariff concept