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IMF: Cost of tariffs almost entirely borne by American importers—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
6/1/2019 热处理展-工业炉展-heat treatment expo-furnace expo |
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According to a report released by the International Monetary Fund trade tensions between China and the US have had a negative impact on consumers and many manufacturers in both countries and the costs of higher tariffs are almost entirely borne by American importers and consumers.
The report analyzes the impact of tariffs on consumers and manufacturers. For consumers, the cost of the tariff increase is almost entirely borne by American importers. Some of the tariff has been passed on to American consumers, such as the tariff imposed on washing machines.
For producers, affected by trade diversion and market segmentation of traded commodities, American & Chinese producers and those using these commodities as intermediate inputs are potential losers.
热处理展-工业炉展-2019第二十届广州国际热处理、工业炉展览会-中国效果最好的热处理工业炉展--巨浪展览
—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
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