La Revue des Sciences Commerciales
Auteurs : Benmakrelouf Khaled .
This paper analyzes the potential macroeconomic effects of the tariff measures announced on “Liberation Day” aimed at reducing trade deficits and reviving U.S. industry. Existing evidence shows that such tariffs tend to be contractionary, lowering GDP, increasing inflation, and reducing consumption, while often failing to improve the trade balance. The international trade prospects remain highly uncertain due to shifts in U.S. trade policy and rising economic policy uncertainty. A global slowdown could reduce demand for commodities, affecting oil-exporting countries such as Algeria. The study reviews theoretical and empirical literature on tariff effects and applies an analytical framework to assess their impact on the Algerian economy. The results indicate that U.S. tariff policies may have important short and long-term consequences for Algeria.
Trade Policy ; Tariffs ; Macroeconomic Effects ; Oil-Exporting Economies