What is the infant industry argument for trade tariffs?

Feb 3, 2025 ... The new set of tariffs announced by the Trump administration represents a significant escalation in U.S. trade policy compared to previous ... Apr 8, 2025 ... Among agrifood product exports, meats and dairy are hit hardest by the new tariffs, down almost 4% from baseline levels (Figure 5). Processed ... Mar 12, 2025 ... Tariffs on other countries. President Trump has imposed a 25% tariff on all aluminium and steel imports from 12 March 2025 to protect domestic ... Mar 22, 2018 ... Though the general trend globally has been toward lower tariffs, some nations still impose relatively high import taxes – particularly countries ... Apr 23, 2025 ... Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product's value. The 10% tariff on goods ... Jun 27, 2018 ... Trade barriers, such as tariffs, have been demonstrated to cause more economic harm than benefit; they raise prices and reduce availability of ... On March 8, 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on steel imports, ... May 15, 2024 ... President Joe Biden announced that he had directed the Office of the US Trade Representative (USTR) to add or increase tariffs on a range of goods originating ... Apr 4, 2025 ... Despite proclaiming it “liberation day,” the Trump administration's tariffs are hurting the U.S. economy, increasing inflation, and leaving ... Jul 1, 2024 ... The downward trend in tariff rates continued until 2018, when the Trump administration raised tariffs on several products, especially those ...