Infographics: Tracking New Tariffs,  Tracking Tariff Retaliations

Research on the total cost of tariffs

Infographic

Tracking President Trump’s Tariffs

Research on the Total Cost of Tariffs

Infographic

Tracking Tariff Retaliations

Research on the Total Cost of Tariffs

Research

The Total Cost of Trump’s Tariffs

The president’s newly enacted tariffs could increase nationwide consumer costs by nearly $64 billion annually and threaten $370 billion of exports and imports.

Multimedia

The Consequences of Tariffs in 60 Seconds — Jackie Varas

Will President Trump’s tariffs work to deter other nations’ unfair trade practices? Or simply inspire retaliation? AAF’s Jackie Varas discusses the impact of trade barriers in this new 60-second video.

Insight

Understanding the Latest Tariffs on China

President Trump’s tariffs thus far could increase nationwide consumer costs by nearly $38 billion per year. Assuming his latest threat materializes, the additional costs for U.S. consumers could almost double to $66 billion – an increase of over $28 billion annually.

Insight

The Economic Impact of U.S. Tariffs on China

64 percent of U.S. imports from China are used in domestic production. A simple analysis shows that the tariffs will do more harm than good to the U.S. goods-producing industry.

Insight

The Trade Deficit is Not Hurting the Economy

Executive Summary President Trump’s primary goal in trade policy has been to reduce or eliminate the trade deficit However, the trade deficit is mainly driven by macroeconomic factors such as national saving and foreign investment in the United States -…

Research

The Cost of Reciprocal Trade

This analysis finds that imposing a new reciprocal trade policy through equal tariffs on our current trade partners could increase nationwide prices by over $60 billion per year, not counting the cost of retaliation.

Comments for the Record

Comments on Section 232 Investigation into Auto Imports

Historical evidence suggests that placing additional national security tariffs on imported automobiles and automobile parts will negatively affect the U.S. economy, harming both U.S. consumers and producers.

Research

The Cost of Steel and Aluminum Tariffs on Canada, Mexico, and the European Union

In total, national security tariffs on steel and aluminum could increase the amount consumers are expected to spend by $7.5 billion per year, not including the cost of retaliation.

Research

The Impact of Chinese Retaliatory Tariffs

In term of absolute dollars, Louisiana, Washington, and Texas will have the most exports facing retaliatory tariffs from China. Meanwhile, Hawaii, North Dakota, and Washington send the highest proportion of their exports to China, meaning the tariffs will especially impact them, as well.

Research

How a NAFTA Withdrawal Would Hurt the U.S. Economy

Withdrawing from NAFTA would negatively impact over $1 trillion of North American trade, jeopardize 14 million U.S. jobs, expose U.S. businesses to $15.5 billion in new tariffs, and could cost consumers at least $7 billion annually.

Multimedia

Trump’s Tariffs in Review

AAF's Director of Immigration and Trade Policy Jackie Varas reviews President Trump's significant changes to U.S. trade policy in 2018 and their effects.

Multimedia

Looking Ahead at Trade in 2019

AAF's Director of Immigration and Trade Policy Jackie Varas assesses the four main things to watch in trade policy this coming year. Also, check out "Trump's Tariffs in Review" as we review President Trump's significant changes to U.S. trade policy in 2018 and their effects.

Experts

Introduction

International trade empowers Americans to build a better life by expanding options for U.S. consumers, lowering the cost of American manufacturing, and giving producers access to billions of consumers around the globe. Recent new trade barriers imposed by the Trump Administration threaten to diminish these benefits, significantly increasing costs for both businesses and consumers. AAF’s Eye on Trade provides a one-stop shop for all of President Trump’s trade actions and their impact on the U.S. economy.

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