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Tariffs raise prices, reduce real incomes, and slow GDP growth, with varying effects depending on responses and retaliation
The tariffs on lumber and related wood products have exerted upward pressure on U.S. construction input costs and contributed to near-term price volatility in , while simultaneously squeezing forestry...
The enacted in 2025–26 produced measurable revenue gains for the federal government but generated clear economic costs that fell largely on American consumers and businesses, with growing evidence tha...
have a limited direct hit on n steel exports to the because the U.S. buys only a sliver of India’s output and Indian officials point to robust domestic demand as a buffer ; yet the tariffs do transmit...
Retaliatory tariffs imposed by U.S. trading partners shifted a large share of the tariff burden onto U.S. exporters and downstream users rather than evenly distributing costs across the economy: agric...
’s second-term economic mix—promised tax cuts and deregulation, large protective , possible , and an accommodative-to-stimulatory monetary backdrop—pushed nominal GDP higher in the near term while wid...
Tariff wars beginning with the Tariff of 1930 coincided with a collapse in GDP and a surge in unemployment, and they triggered widespread retaliation that reshaped trade patterns; historians and econo...
A universal on all imports would raise substantial federal revenue but, by most mainstream models, would also boost consumer prices, shrink overall economic output, and redistribute costs across house...
The answer is: in some measurable ways yes, and in some ways no — inflicted deep, lasting costs in security, civil liberties, , public health and local economies while the national economy and markets...
Yes — Americans generally pay for tariffs in economic terms: while importers legally remit duties to customs, a large body of recent empirical work concludes that U.S. importers, U.S. firms and ultima...
Independent analyses converge that the 2025–26 U.S. tariff program raises consumer prices modestly to materially—estimates cluster between a one-off price-level increase of roughly 0.9–2.3 percent and...
Across multiple recent analyses, states that trend Democratic (“blue”) generally send more federal tax dollars per capita into Washington while states that trend Republican (“red”) tend to receive mor...