Import Tariffs: Why?
Import tariffs are discouraged by economists but celebrated by certain politicians and economic agents. Donald Trump is currently their number one fan, having declared “tariff” as “the most beautiful word […]
The Cost of a Global Tariff War: A Sufficient Statistics Approach
In an age marked by growing trade tensions and the unraveling of multilateralism, the threat of a global tariff war looms large over the international economic system. But what would […]
The effect of import tariffs on exports
In 2018 and 2019, the United States imposed a series of wide-ranging increases in import tariffs: by August of 2019, 12 percent of US imports were subject to an average […]