Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025
Characteristic
Real GDP change
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As of March 11, 2025, Canada is expected to be the country most impacted by the planned 25 percent tariffs on U.S. imports of steel and aluminum, with a projected drop in its real gross domestic product (GDP) of around **** percent. Aside from China's real GDP, which is forecast to remain stable in the short-run, all other countries and regions analyzed are estimated to be negatively impacted by the tariffs to some extent.
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Kiel Institut für Weltwirtschaft. (March 10, 2025). Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/
Kiel Institut für Weltwirtschaft. "Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025." Chart. March 10, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/
Kiel Institut für Weltwirtschaft. (2025). Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/
Kiel Institut für Weltwirtschaft. "Forecast Short-run Changes in The Real Gross Domestic Product of Selected Countries and Regions Based on Tariffs of 25 Percent on All U.S. Steel and Aluminum Imports, as of March 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 10 Mar 2025, /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/
Kiel Institut für Weltwirtschaft, Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025 ÌÇÐÄÆƽâ°æ, /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/ (last visited July 30, 2026)
Forecast short-run changes in the real gross domestic product of selected countries and regions based on tariffs of 25 percent on all U.S. steel and aluminum imports, as of March 2025 [Graph], Kiel Institut für Weltwirtschaft, March 10, 2025. [Online]. Available: /statistics/1615478/projected-short-run-changes-in-selected-countries-real-gdp-based-on-trump-s-steel-and-aluminum-tariffs/
