This statistic provides an estimate of the projected change in import and export volumes resulting from the Trump Administration's trade tariffs on steel and aluminum in 2018, by sector. Steel imports are projected to fall by 44.4 percent as result of the administration's tariffs and subsequent retaliation measures by trading partners.
Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector*
*The source made calculations based on retaliation in the form of tariffs on imports from the U.S. imposed by the following countries/trade blocks: Canada, India, European Union, Russia, China, Japan, Turkey, Mexico. These were the countries with planned retaliation action at the time of publication.
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Trade Partnership Worldwide. (June 5, 2018). Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector* [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/
Trade Partnership Worldwide. "Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector*." Chart. June 5, 2018. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/
Trade Partnership Worldwide. (2018). Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector*. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/
Trade Partnership Worldwide. "Projected Impact of Steel and Aluminum Tariffs and Subsequent Retaliations on Imports and Exports in 2018, by Sector*." Statista, Statista Inc., 5 Jun 2018, https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/
Trade Partnership Worldwide, Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector* Statista, https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/ (last visited December 30, 2024)
Projected impact of steel and aluminum tariffs and subsequent retaliations on imports and exports in 2018, by sector* [Graph], Trade Partnership Worldwide, June 5, 2018. [Online]. Available: https://www.statista.com/statistics/914171/predicted-impact-trumps-steel-aluminum-tariffs-trade-sector/