U.S. Trade & Tariff Data The USITC DataWeb provides public access to the official U.S. import and export statistics of the U.S. Department of Commerce in a user-friendly web interface. Using the DataWeb querying tool, users can build custom queries and access these data in a spreadsheet or a web-based format.

Mar 22, 2024 · Learn how to apply the concepts of supply and demand, consumer surplus, dead weight loss, and tariff revenue to international trade and tariffs.

1 day ago · As our chart shows, Canada is the largest supplier of steel and aluminum to the United States, accounting for 23 percent of U.S. steel imports in 2024 and almost 60 percent of U.S aluminum imports.

May 16, 2024 · This graphic shows the new and current U.S. tariff rates set on a variety of Chinese imports. Tariff rates and implementation years for the new rates come from The White House’s May 14 press release announcing the new tariff rate increases.

The U.S. has a trade deficit, meaning it imports more goods than it exports. Tariffs could help close that gap by raising the prices of foreign goods and encouraging Americans to purchase domestic ...

What are tariffs and how do they affect consumers, firms and the economy? An explanation of tariffs with diagrams to explain who are the winners and losers from tariffs.

Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group.

5 days ago · The tariffs on goods from Canada and Mexico were set to go into effect on February 4, 2025, but were postponed for at least 30 days and were on hold when this brief was published. The tariff on goods from China went into effect on February 4. 8. Second, we assess the impact of an additional 60 percent tariff on imports from China and an ...

Mar 19, 2024 · A tariff raises the price of the world supply from P W to P W + Tariff. This reduces the quantity of imports from Q 1 Q 2 to Q 3 Q 4. Diagram Analysis. World supply (S W) is considered to be infinite and this supply curve is included with the domestic demand (D D) and supply (S D) curves The pre-tariff market equilibrium is seen at P w Q 2

Jan 24, 2025 · Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group.