Trade Finance Forum › Forums › Market Regulations › Laws and Bills › What is the influence that trade conflicts and tariffs have on the financing of international trade? › Reply To: What is the influence that trade conflicts and tariffs have on the financing of international trade?
As far as I know, the response to the various tariff levels will vary from nation to nation and from product to product. As a result, the size of a tariff doesn’t really always indicate the degree to which it restricts trade.
It is difficult to get an accurate reading of the impact of tariff barriers from country to country. Undoubtedly, the manner in which demand for imports will react to modifications in tariffs will be determined by a wide range of circumstances. These factors include the response of producers and consumers to changes in price, the participation of imports in-home consumption and production, the substitutability of imports for local production, and a variety of other factors.
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