May 10, 2019
Tariff Watch Update: Tallying the President’s Latest Tariffs
Trade barriers imposed by the Trump Administration threaten to diminish the benefits of international trade. AAF’s Director of Immigration and Trade Policy Jacqueline Varas has created a one-stop shop for you to keep up with President Trump’s trade actions and their impact on the U.S. economy.
On May 10, 2019, the president increased tariffs on nearly $200 billion of Chinese goods from 10 percent to 25 percent. Varas finds the president’s currently imposed tariffs could increase nationwide consumer costs by $66 billion annually.