
Import tariffs and the market for vehicles
(수입 관세와 자동차 시장)
목차
1. Introduction 1
2. Current Assessments of Tariff Impacts 2
3. Understanding the Vehicle Market in Light of Tariffs 3
3.1. Market Structure, Consumer Preferences, and Price Sensitivity 3
3.2. Material and Vehicle Imports 4
3.3. From Gasoline to Electric Vehicles 5
4. How Will the Tariffs Affect Consumers and Producers Overall? 5
4.1. Consumer Welfare and Tariff Revenues 5
4.2. Manufacturer Profitability 6
5. Modeling the Results 6
6. Results 7
6.1. Vehicle Sales 7
6.2. Vehicle Prices 8
6.3. Vehicle Production and Imports 10
6.4. Manufacturer Profits 12
6.5. Tariff Revenue 12
6.6. Consumer Welfare 14
7. Putting it All Together 14
7.1. Scenario 1: 25 Percent Tariff on Non-North American Vehicle Imports 14
7.2. Scenario 2: 25 Percent Tariff on Non-North American Imports and Parts 15
7.3. Scenario 3: 25 Percent Tariffs on All Vehicle Imports and Parts 15
8. Conclusion 16
Appendix 17
A1. Model 17
A2. Applying Tariffs to Imported Materials 17
A3. Policies in the Model 18