Tariffs on Imports from China: The Estimated Impacts on the U.S. Economy (2018)

Tariffs on Imports from China: The Estimated Impacts on the U.S. Economy (2018)

This study estimates the economic impact of the proposed U.S. tariffs and China’s proposed retaliation in three different scenarios. In the scenario we find most probable where the U.S. imposes tariffs on $50 billion in imports plus Chinese retaliation of $50 billion of U.S. goods exported to China, U.S. workers suffer significant net negative impacts, particularly in the short-term. Specifically, nearly 134,000 workers would lose jobs, most of whom are less-skilled.

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