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

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.