Page 36 - The Impact of the 2018 Trade War on U.S. Prices and Welfare
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Table 2: Deadweight Welfare Loss and Tariff Revenue
Deadweight Tariff Total Cost to
Month Loss Revenue Importers
Jan 0 0 0
Feb 0.1 0.1 0.2
Mar 0.1 0.1 0.2
Apr 0.3 0.4 0.7
May 0.2 0.4 0.6
Jun 0.4 0.7 1.2
Jul 0.9 1.4 2.4
Aug 0.9 1.4 2.3
Sep 1.0 1.6 2.6
Oct 1.5 3.1 4.6
Nov 1.4 3.0 4.4
Total 6.9 12.3 19.2
Note: Deadweight welfare loss and tariff revenue measured in current
prices in billions of dollars; see the text for the discussion of these
calculations.
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