Investor Education Summit 2018
Volatility’s return—A time to be offensive or defensive?
THE ECONOMIC IMPACT ON THE U.S. OF PROTECTIONISM & TRADE BARRIERS
Professor Arthur Guarino Department of Finance & Economics—Rutgers University
Host: Josh Feinman—Chief Global Economist For Institutional Investor and Registered Representative use only. Not to be shared with the public. DWS and Rutgers University are not affiliated. THE ECONOMIC IMPACT ON THE UNITED STATES OF PROTECTIONISM AND TRADE BARRIERS PRESENTED BY PROFESSOR ARTHUR S. GUARINO, MBA, MSSC, JD DEPARTMENT OF FINANCE AND ECONOMICS
For internal use only INTRODUCTION
THE AIM AND PURPOSE OF THIS PRESENTATION IS TO ANALYZE THE: HISTORICAL BACKGROUND OF TARIFFS ECONOMIC IMPACT OF TARIFFS ON THE UNITED STATES: Agriculture Steel and Aluminum Auto industry Consumer goods FINAL THOUGHTS 3
_ For internal use only INTRODUCTION
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_ For internal use only HISTORICAL BACKGROUND OF TARIFFS
KEY TARIFFS THAT HAVE OCCURRED IN UNITED STATES’ HISTORY: HAMILTON TARIFF OF 1789 TARIFF OF 1816 MCKINLEY TARIFF FORDNEY-MCCUMBER TARIFF SMOOT-HAWLEY TARIFF
BUSH STEEL TARIFFS OF 2002 5
_ For internal use only HISTORICAL BACKGROUND OF TARIFFS
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_ For internal use only HISTORICAL BACKGROUND OF TARIFFS
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_ For internal use only ECONOMIC IMPACT OF TARIFFS ON THE UNITED STATES HOW TARIFFS IMPOSED BY THE UNITED STATES WILL IMPACT: AGRICULTURE AND FARMERS STEEL AND ALUMINUM INDUSTRIES AUTO INDUSTRY CONSUMER GOODS
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_ For internal use only AGRICULTURE AND FARMERS
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_ For internal use only AGRICULTURE AND FARMERS
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_ For internal use only AGRICULTURE AND FARMERS
AMONG THE OTHER AGRICULTURAL PRODUCTS AFFECTED ARE: PORK PECANS FRUITS WHEAT FISH
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_ For internal use only AGRICULTURE AND FARMERS
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_ For internal use only AGRICULTURE AND FARMERS
EFFECT ON FARMERS: LOWER PROFITS TOUGHER TO SELL IN OVERSEAS MARKETS SHRINKING OF FARM COUNTRY TRADE NOT AID
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_ For internal use only AGRICULTURE AND FARMERS
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_ For internal use only AGRICULTURE AND FARMERS
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_ For internal use only STEEL AND ALUMINUM
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_ For internal use only STEEL AND ALUMINUM
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_ For internal use only STEEL AND ALUMINUM
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_ For internal use only STEEL AND ALUMINUM
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_ For internal use only AUTO INDUSTRY
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_ For internal use only AUTO INDUSTRY
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_ For internal use only AUTO INDUSTRY
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_ For internal use only AUTO INDUSTRY
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_ For internal use only CONSUMER GOODS
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_ For internal use only CONSUMER GOODS
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_ For internal use only CONSUMER GOODS
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_ For internal use only CONSUMER GOODS
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_ For internal use only FINAL THOUGHTS. . .
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_ For internal use only FINAL THOUGHTS. . .
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_ For internal use only FOR YOUR TIME, FOR ATTENDING, AND FOR LISTENING . . .
THANK YOU!!
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_ For internal use only QUESTIONS AND ANSWERS
ANY QUESTIONS, COMMENTS, OR IDEAS?
I-060545-1 31 _ For internal use only