In this post, we estimate the effect of these tariffs on the prices paid by U.S. producers and consumers.| Liberty Street Economics
Import tariffs are on the rise in the United States, with a long list of new tariffs imposed in the last few months—25 percent on steel imports, 10 percent on aluminum, and 25 percent on $50 billion of goods from China—and possibly more to come on China and the auto industry. One of the objectives of these new tariffs is to reduce the U.S. trade deficit, which stood at $568.4 billion in 2017 (2.9 percent of GDP). The fact that the United States imports far more than it exports is viewed b...| Liberty Street Economics
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
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