St. Louis Fed, Report: US Barriers to International Trade of Goods, Tariffs and Non-Tariff Measures

“International trade can be critical for economic growth and development, connecting countries and businesses across the world.1 While trade barriers have consistently decreased in recent decades, leading to the unprecedented growth of trade linkages, significant barriers remain across countries: The US is no exception. Barriers hinder the free flow of goods and services between countries and hurt economies and consumers alike. In this essay, we docu­ment the prevalence of barriers to international trade in the US.”