Can Tariffs Spur Higher Factory Floor Utilization?

Robin Braun, Ryan Decker and Fariha Kamal
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Robin Braun: https://www.federalreserve.gov/econres/robin-braun.htm
Fariha Kamal: https://www.federalreserve.gov/econres/fariha-kamal.htm

No 2025-10-31, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Raising America's industrial output is a key goal of the recent increases in U.S. import tariffs. Domestic output could rise if positive effects of reduced foreign competition outweigh negative effects of increased policy uncertainty and complexity, higher costs of imported inputs, and retaliatory trade policy in export markets.

Date: 2025-10-31
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2025-10-31

DOI: 10.17016/2380-7172.3943

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