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Bookmark or Share- Do Tariffs Impact Prices? The Case of Aluminum - AAFThe total cost of aluminum paid by U.S. buyers, referred to as the “all-in” price, is the sum of the LME price and the Midwest Premium. President Trump’s tariffs are only levied on aluminum purchased by the United States, meaning they would have no impact on global LME prices. Alternatively, the tariffs should be expected to raise the ...
- Trump’s Proposed 10 Percent Tariff: Considering the ImpactIncreasing Tariffs. During his first term, President Trump initiated the U.S.–China trade war by unilaterally imposing $250 billion worth of tariffs in four successive tranches on goods imported from China. These tariffs have cost Americans an extra $195 billion since 2018. In response, China retaliated by imposing its own tariffs on U.S. goods.
- Tariffs Are Increasing Homebuilding Costs - AAFThe tariffs were applied in four tranches, known as List 1, 2, 3 and 4a. The tariffs analyzed in this study, which are composed of goods used in homebuilding, are from List 3. List 3 covered roughly $200 billion worth of goods and applied a tariff of 10 percent on September 24, 2018. List 3 tariffs were raised to 25 percent on June 15, 2019.
- Tariffs and the Energy Sector - AAFUnder Section 232, the Trump Administration instituted tariffs on both steel and aluminum in March 2018 at a rate of 25 percent and 10 percent, respectively, tariffs that were later revised in February 2020 to include derivatives of steel and aluminum, as well. [12] These goods are important to various types of manufacturing including energy ...
- Section 301 China Tariffs by End Use - AAFThe Biden Administration has to-date retained the Section 301 tariffs on over $300 billion worth of imports from China, which were initially imposed in four different tranches (referenced as Lists 1, 2, 3 and 4a) throughout 2018 by the Trump Administration. Based on 2021 data, U.S. consumers paid $48 billion in Section 301 tariffs to import ...
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