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Impact of US Sections 232 and 301 Trade Actions

ImpactECON releases report on the impact of US trade actions under Sections 232 and 301. The report shows a decline in real GDP of 1.25 percent by 2030, with the greatest losses occurring in production of oil seeds (soybeans), meats (pork and beef), coarse grains (corn, oats, sorghum), transport equipment (other than automobiles); chemicals, rubber, plastics, and pharmaceuticals; textiles; and non-ferrous metals (aluminum).

The full report is available as Working Paper 8 (link here).