Economic Take

The Impact of New Chinese Tariffs

May 14, 2019

Many economic observers thought the US and China were getting close to an agreement until President Trump changed course, announcing a new round of tariffs on Chinese exports—leading to renewed worries of an impending trade war that could impact US consumers and the economy. But this round of tariffs will likely play out much like last year’s, getting lost in the shuffle of other, more important factors impacting the economy today.