Steeling the U.S. Economy for the Impacts of Tariffs

Michael Sposi and Kelvinder Virdi

Economic Letter, 2018, vol. 13, issue 5, 4 pages

Abstract: Proposed steel and aluminum tariffs would likely trim a quarter percent from the U.S. gross domestic product over the long run. U.S. metals industries would likely expand, while heavy industries, such as machines and equipment, would probably contract along with aggregate capital formation. The main risks lie in the potential for retaliation by trading partners and the possibility of a trade war.

Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://fraser.stlouisfed.org/title/6362/item/607745 Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddel:00060

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Letter from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().