RSM on Impact of Import/Export Taxes

According to OMA Connections Partner RSM: “The hit to the economy caused by the taxes on imports and exports will spread asymmetrically across the industrial ecosystems that make up the domestic economy. Based on our conversation with officials in Washington, it is apparent that the middle market will bear a disproportionate burden of adjustments from trade tariffs and should prepare accordingly.”

You can read further in RSM’s August issue of The Real Economy, in which the potential of a global trade war and specific industry impacts are discussed. 8/7/2018