Discussion Paper

Can Tariffs Spur Higher Factory Floor Utilization?


Abstract: Raising America's industrial output is a key goal of the recent increases in U.S. import tariffs. Domestic output could rise if positive effects of reduced foreign competition outweigh negative effects of increased policy uncertainty and complexity, higher costs of imported inputs, and retaliatory trade policy in export markets.

https://doi.org/10.17016/2380-7172.3943

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2025-10-31

Number: 2025-10-31