![]() ![]() Measures of trade flows, such as the trade balance, are accounting identities and should not be misunderstood to be indicators of economic health. businesses and consumers, which results in lower income, reduced employment, and lower economic output. ![]() Trade barriers such as tariffs raise prices and reduce available quantities of goods and services for U.S. New Analysis Shows How Input Tariffs Will Impact U.S.Who Do They Harm?: The Distributional Impact of Tariffs. ![]()
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