Trade policy is set by domestic political bargaining between globalists and protectionists, representing owners of …, protectionists implement high tariffs when status quo tariffs are low. When status quo tariffs are high, reciprocal free trade …- distribution. Consensus emerges for Retreat from free trade when imports are high and domestic transfers are low, suggesting that …

reduction in Chinese imports from the U.S. during the height of the U.S.-China trade war in 2018 and 2019. We infer non … than 90\% of the welfare cost to Chinese consumers of the U.S.-China trade war. The welfare loss to China of a given …

1697 goods originating in 112 countries, to analyze the impact on Canadian imports of interwar Canadian trade policy …, including the 1932 Ottawa trade agreements. Rather than use a dummy variable approach, we compute the impact of individual … tariffs which varied substantially across goods, trade partners, and time. We develop a novel method of controlling for …