ABSTRACT

Escalating U.S. Tariffs: Affected Trade [Updated June 5, 2019]   [open pdf - 757KB]

From the Document: "The trade practices of U.S. trading partners and the U.S. trade deficit are a focus of the Trump Administration. [...] The multiple tariff increases applied to date, ranging from 10% to 45%, affect approximately 10% ($267.5 billion) of U.S. annual imports (Figure 1). While the Administration has taken some steps to reduce the scale of imports affected by the tariffs (i.e., by exempting Canada and Mexico from the steel and aluminum duties and creating processes by which certain products may be excluded), the general trend is an escalation of tariff actions."

Report Number:
CRS Insight, IN10971
Author:
Publisher:
Date:
2019-06-05
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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