U.S. Tariffs

The multiple tariff increases to date, ranging from 10% to 45%, affect approximately 16% of U.S. annual imports. This amounts to $396.4 billion of imports (2018 data), with Section 301 tariffs on U.S. imports from China accounting for more than 90% of the trade affected (Figure 1). While the Administration has taken some steps to reduce the scale of imports affected (i.e., by … [Read more...] about Escalating U.S. Tariffs: Affected Trade