The phrase encapsulates entities negatively affected by the imposition of import taxes on goods under the previous presidential administration’s trade policies, as identified in a particular analysis from a major financial institution. For instance, a manufacturing company that relies heavily on imported raw materials may experience reduced profit margins due to these increased costs.
The significance of this concept lies in understanding the economic ramifications of protectionist measures, providing insights into how specific industries and companies are vulnerable to changes in international trade regulations. Analyzing this topic is essential to evaluating the overall effectiveness and distribution of burdens associated with such policies, especially within the context of global supply chains and international competitiveness.
