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The Economic Impacts of Retaliatory Tariffs on U.S. Agriculture
- 英文名称:
- The Economic Impacts of Retaliatory Tariffs on U.S. Agriculture
- 作者:
- Stephen Morgan; Shawn Arita""url":0; Jayson Beckman; Saquib Ahsan""url":0; Dylan Russell""url":0; Philip Jarrell""url":0; Bart Kenner;
- 关键词:
- U.S. agricultural exports; retaliatory tariffs; trade retaliation; trade dispute; China; State-level exports; trade agreements; international trade; soybeans; sorghum; pork;
- 年份:
- 2022
- 出版地:
- Washington, DC, USA
- 总页数:
- 53
- 语种:
- English
- 摘要:
- In 2018, the United States imposed Section 232 tariffs on steel and aluminum imports from major trading partners and separately Section 301 tariffs on a broad range of imports from China. In response to these actions, six trading partners\u2014Canada, China, the European Union, India, Mexico, and Turkey\u2014responded with retaliatory tariffs on a range of U.S. agricultural exports, including agricultural and food products. The agricultural products targeted for retaliation were valued at $30.4 billion in 2017, with individual product lines experiencing tariff increases ranging from 2 to 140 percent. This report provides a detailed look at the impact of retaliatory tariffs by State and commodity and estimates the direct export losses associated with the trade conflict.
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