The Mechanics of Trumps Tariffs - AAF Executive Summary President-elect Donald Trump has proposed imposing tariffs on various countries, products, and companies for reasons ranging from protecting U S industries to targeting entities that engage in un-reciprocal, unfair, or undesirable trade practices While tariff rates and their associated costs have garnered widespread attention, the underlying mechanisms for implementing
The Impact of Tariffs on Small Businesses - AAF Executive Summary While the Trump Administration has implemented tariffs to pursue a wide range of policy objectives – from protecting domestic manufacturing to raising revenue to pay down U S debt – they have come at the cost of significant damage to U S businesses, particularly small businesses; the most damaging of these tariffs have been issued […]
What the U. S. Trade Deficit Really Means - AAF President Trump has attempted to use tariffs as a tool to reduce the U S goods trade deficit, largely by making imports more costly compared to domestic alternatives The greatest example of this was on April 2, dubbed “ Liberation Day,” due to the administration’s desire to utilize universal tariffs to reduce the U S trade deficit
Understanding Tariffs and GDP Growth - AAF Though tariffs will increase government revenue and allow for more government spending, it is important to note that this revenue is collected from private individuals and firms, limiting their spending and investments While tariffs alone are not a secret path to boosting GDP, tariffs used as a blunt instrument could increase GDP
President Trump Gears Up to Levy Tariffs on Wind Turbine Imports The initiated Section 232 investigation will likely lead to tariffs on wind turbine imports, which would likely saddle consumers and businesses with added costs Tariffs on wind turbine imports would impede the deployment of wind energy, thus creating additional obstacles to the use of an important renewable energy source for electricity
Waiting for a Steel Tariff Shift and an IEEPA Decision These tariffs – imposed to a far lesser degree during President Trump’s first term – were raised to 25 percent on all trade partners back in March 2025 and were doubled to 50 percent in June Currently, this tariff is imposed on the steel and aluminum content of a wide variety of products
Steel and Aluminum Tariffs: Impact on Canned Food - AAF Tariffs will have a minimal impact on reversing the downward trend in steel and tinplate production, which currently lacks the technical capability to create the tinplate needed for cans, and would take years to develop such a capability
Movie Tariffs: A Ticket To Destroying U. S. Film Studio Dominance Tariffs on Foreign Film Studios The president’s invocation of national security, the beginning of the remedy for which is a Section 232 investigation, suggests that the administration may only target foreign film studios with a tariff to prevent the dissemination of propaganda in the U S market and block those studios from obtaining market