China’s impossed tariffs have led to a decrease in US exports

  • Claim

Name

China’s impossed tariffs have led to a decrease in US exports

Types

Claim

Quotes that support the claim

Their analysis found a 10 percent increase in tariffs caused the value of U.S. exports to decline by $32 billion, costing U.S. firms about $2.4 billion per month in lost exports.
US exports to China fell by 26.3 percent while exports to the rest of the world increased modestly, by 2.2 percent.

Tags

What impact tariffs had on US economy

Topics

Impact of US-China trade tariffs