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Trade-offs of Higher U. S. Tariffs: GDP, Revenues, and the . . . This note examines how tariffs disrupt this process, leading to inefficient resource allocation and economic losses Concretely, higher U S tariffs raise intermediate goods prices, reducing domestic production efficiency and GDP, though the resulting tariff revenue—if redistributed to consumers—may offset some of the losses
Trump’s Tariffs Loom. There’s More To It Than Most Understand U S stocks declined as President Donald Trump’s tariffs against Mexico, Canada, and China are set to take effect at midnight While there has been much debate over the wisdom of Trump’s