2018 Review: Do Tariffs Work? Trump Plants Seeds But Has Yet to Harvest Success — Panjiva


2018 Review: Do Tariffs Work? Trump Plants Seeds But Has Yet to Harvest Success

Canada 330 China 1724 Energy - Renewables 96 Industrials - Capital Goods 250 Materials - Metals/Mining 469 Metals - Aluminum 154 Metals - Steel 352 Mexico 491 Outlook 41 South Korea 375 Tariffs 1139 Trade Deals 688 U.S. 3226 USMCA 364

If the Trump administration’s trade policy in 2017 was about making threats then 2018 was about delivering on them. While the renegotiation of the KORUS and NAFTA (now USMCA) trade deals and implementation of tariffs were designed to cut the trade deficit, it has actually increased by 18.0% in the 12 months to Oct. 31 versus calendar 2016 and reached a record $869 billion. The imposition of tariff rate quotas to washing machines and solar panels have cut imports in the three months to Nov. 30 by 50.7% and 10.7% respectively while tariffs on steel and aluminum have only trimmed imports by...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.