The U.S. International Trade Commission (USITC) analyzed the effects of Section 232 and Section 301 tariffs on more than $300 billion of U.S. imports. The USITC report found that the tariffs reduced imports from China, effectively stimulated more U.S. production of the tariffed goods, with very minor effects on prices. As a result, the US is better positioned to avoid future supply chain inflation and shocks than before the tariffs.

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