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TARIFFS, TRUMP AND TRADE OH MY!

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Presentation on theme: "TARIFFS, TRUMP AND TRADE OH MY!"— Presentation transcript:

1 TARIFFS, TRUMP AND TRADE OH MY!
2/19/2019 Somjita mitra, Ph.D. Director, institute for applied economics Los Angeles County Economic Development Corporation

2 International Trade 2/19/2019
Los Angeles County Economic Development Corporation

3 Exports of Goods and Services
2/19/2019 Exports of Goods and Services Los Angeles County Economic Development Corporation

4 Gains From Trade Theory
2/19/2019 Gains From Trade Theory Los Angeles County Economic Development Corporation

5 Tariffs and Imports 1% increase in tariffs 6% decrease in imports
2/19/2019 Tariffs and Imports 1% increase in tariffs 6% decrease in imports Los Angeles County Economic Development Corporation

6 2/19/2019 Los Angeles County Economic Development Corporation

7 2/19/2019 Tariffs! Los Angeles County Economic Development Corporation

8 2/19/2019 Trade War? Los Angeles County Economic Development Corporation

9 What does this mean? TRADE WAR?
2/19/2019 What does this mean? TRADE WAR? One out of every five tariffs that Trump selected involved a product with the word “parts” in its description Los Angeles County Economic Development Corporation

10 TRADE WAR? U.S. Imports Subject to Tariffs From China 2/19/2019
Source: HBR Los Angeles County Economic Development Corporation

11 TPP Trans-Pacific Partnership 2/19/2019
Los Angeles County Economic Development Corporation

12 2/19/2019 TPP NAFTA Los Angeles County Economic Development Corporation

13 Select LA May 23-May 24, 2018 SelectLA.org 2/19/2019
Los Angeles County Economic Development Corporation

14 2/19/2019 Thank You! (213)


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