Our trade model estimates that the currently implemented tariffs would reduce the long run level of U.S. GDP by 1.3 percent.

  • Quote

Name

Our trade model estimates that the currently implemented tariffs would reduce the long run level of U.S. GDP by 1.3 percent.

Types

Quote

Source

Federal Reserve Bank

Source URL

https://www.federalreserve.gov/econres/notes/feds-notes/the-effect-of-us-china-tariff-hikes-differences-in-demand-composition-matter-20210304.html

Referenced by

The US-China tariff war has led to a decrease in economic activity within the US

US Politics

Claim