Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.| NBER
Amiti, Redding, and Weinstein consider the cost of higher U.S. tariffs on imports from China to the typical American household.| Liberty Street Economics
President Trump announced a new tariff of 25 percent on steel imports and 10 percent on aluminum imports on March 8, 2018. One objective of these tariffs is to protect jobs in the U.S. steel industry. They were introduced under a rarely used 1962 Act, which allows the government to impose trade barriers for national security reasons. Although the tariffs were initially thought to apply to all trading partners, Canada and Mexico are currently exempt subject to NAFTA negotiations, and implement...| Liberty Street Economics
The authors find a swath of firms suffering valuation losses on tariff-announcement days and a link between those losses and the firms' future performance.| Liberty Street Economics
A look at the effect of tariff announcements on U.S. stock returns in assessing the overall impact of the US-China trade war.| Liberty Street Economics