The output that occurred in the United States from the trade war was a reduction in US production of up to hundreds of billions of dollars for the US.
Import tariffs are taxes imposed on imported goods. Import tariffs are usually charged as a percentage of the price of imported goods.
The imposition of import tariffs imposed by the United States and China on goods entering their countries, this resulted in a decrease in prices so that export volumes decreased. The imposition of import tariffs caused a reduction in consumption due to rising product prices, increased domestic production, and reduced import volumes.
Thus causing output in the form of a reduction in production results and a decrease in export volume in the United States. The impact of this problem can reduce about 1% of the GDP (gross domestic product) in America.
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