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Maroc Maroc - WN.COM - Science - 10/Jan 21:55

Japanese study investigates how tariff policies influence long-run economic growth

Rising trade frictions over the past decade have sparked urgent questions about their long-term impact on global economies. The U.S. now applies tariffs of 66.4% on Chinese exports, which is higher compared to the average rate of 19.3%, while China retaliates with a 58.3% import tariff on U.S. exports, higher than the average rate of 21.1%. These frictions not only disrupt regular trade flow, but also have long-term economic impacts. The geographical location of the market involved also plays an important role and is often influenced by tariff models. However, this aspect is often understudied and poorly understood. Researchers examine industry location and tariffs Economists Professor Colin...

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