Assessing the Reciprocal Tariff Ramifications on Consumption Allocation, Global Trade Flows and Government Policy Decision-Making
Fuente:
Zenodo
Saved in:
| Main Author: | |
|---|---|
| Format: | Recurso digital |
| Published: |
Zenodo
2025
|
| Online Access: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1866902056636252160 |
|---|---|
| author | Nguyen, Trong Hao |
| author_facet | Nguyen, Trong Hao |
| contents | <p>This research aims to examine whether the reciprocal tax measures implemented by the</p> <p>Trump administration pose risks of contributing to border closures and disruptions in international</p> <p>commerce. In the modern world, wars relating to trade and tariff policies have emerged as</p> <p>significant factors shaping world trade dynamics and international economic relationships in the</p> <p>years after 20th century. Illustrated by the implementation of tariffs and various trade restrictions,</p> <p>these measures have exerted far-reaching effects that extend beyond the immediate financial and</p> <p>economic interactions between the nations directly involved. Within this context, the study</p> <p>investigates the Trump administration’s use of reciprocal taxation, a policy aimed at imposing</p> <p>tariff parity on countries perceived as engaging in unfair trade practices across diverse industrial</p> <p>sectors worldwide. The research evaluates the role of taxation not only as a fiscal tool for</p> <p>influencing consumer behavior and trade patterns but also as a mechanism for implementing</p> <p>strategic economic agendas. It further considers both potential benefits such as reducing</p> <p>deadweight loss and increasing consumer awareness and the adverse consequences of high</p> <p>reciprocal taxation. Excessive tariffs may undermine long-term international cooperation, heighten</p> <p>trade tensions, and ultimately inflict harm on the imposing country itself. This study is particularly</p> <p>relevant for scholars interested in the nuanced effectiveness of moderate taxation policies in</p> <p>safeguarding domestic industries while avoiding severe economic fallout. Based on the findings,</p> <p>the research concludes that while tariffs initially aligned with trade protectionist goals, their long-</p> <p>term effects on the U.S. economy have been largely negative, particularly due to foreign retaliation</p> <p>and increased input costs. Consumer behavior showed limited long-term change, which made the</p> <p>new point of view in the research. However, the results suggest that tariffs under the Trump</p> <p>Administration did not effectively boost domestic manufacturing or reduce import dependence,</p> <p>and may undermine broader economic stability in a service-driven economy heavily reliant on</p> <p>global trade.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_15656553 |
| institution | Zenodo |
| language | |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Assessing the Reciprocal Tariff Ramifications on Consumption Allocation, Global Trade Flows and Government Policy Decision-Making Nguyen, Trong Hao <p>This research aims to examine whether the reciprocal tax measures implemented by the</p> <p>Trump administration pose risks of contributing to border closures and disruptions in international</p> <p>commerce. In the modern world, wars relating to trade and tariff policies have emerged as</p> <p>significant factors shaping world trade dynamics and international economic relationships in the</p> <p>years after 20th century. Illustrated by the implementation of tariffs and various trade restrictions,</p> <p>these measures have exerted far-reaching effects that extend beyond the immediate financial and</p> <p>economic interactions between the nations directly involved. Within this context, the study</p> <p>investigates the Trump administration’s use of reciprocal taxation, a policy aimed at imposing</p> <p>tariff parity on countries perceived as engaging in unfair trade practices across diverse industrial</p> <p>sectors worldwide. The research evaluates the role of taxation not only as a fiscal tool for</p> <p>influencing consumer behavior and trade patterns but also as a mechanism for implementing</p> <p>strategic economic agendas. It further considers both potential benefits such as reducing</p> <p>deadweight loss and increasing consumer awareness and the adverse consequences of high</p> <p>reciprocal taxation. Excessive tariffs may undermine long-term international cooperation, heighten</p> <p>trade tensions, and ultimately inflict harm on the imposing country itself. This study is particularly</p> <p>relevant for scholars interested in the nuanced effectiveness of moderate taxation policies in</p> <p>safeguarding domestic industries while avoiding severe economic fallout. Based on the findings,</p> <p>the research concludes that while tariffs initially aligned with trade protectionist goals, their long-</p> <p>term effects on the U.S. economy have been largely negative, particularly due to foreign retaliation</p> <p>and increased input costs. Consumer behavior showed limited long-term change, which made the</p> <p>new point of view in the research. However, the results suggest that tariffs under the Trump</p> <p>Administration did not effectively boost domestic manufacturing or reduce import dependence,</p> <p>and may undermine broader economic stability in a service-driven economy heavily reliant on</p> <p>global trade.</p> |
| title | Assessing the Reciprocal Tariff Ramifications on Consumption Allocation, Global Trade Flows and Government Policy Decision-Making |
| url | https://doi.org/10.5281/zenodo.15656553 |