Aggregate Costs to the United States of Tariffs and Quotas on Imports: General Tariff Cuts and Removal of Quotas on Automobiles, Steel, Sugar, and Textiles

Authors:
David G. Tarr and Morris E. Morkre

Assesses the losses to U.S. consumers and producers of tariffs and quotas in four U.S. industries; estimates that the total losses of trade restrictions in these industries are nearly $13 billion annually.