to the elimination of tariffs and cuts in non-tariff measures by 25%, is in the range of 1% to 4% of initial consumption …, depending on the parameterization. The welfare gain increases in the elasticity of substitution between domestic and foreign …

each 1 percentage point increase in exposure to the US tariffs was associated with a 0.59% reduction in night … grids with negligible direct exposure to the US tariffs accounted for up to 70% of China's population, we infer that the 2 … tariffs …

elasticity of consumer prices of between 110 and 230 percent. The 2016 antidumping duties against China--which accounted for the …, actually resulting in lower washer prices in the United States. We find that our measure of the tariff elasticity of consumer … find that in response to the 2018 tariffs on nearly all source countries, the price of washers rose by nearly 12 percent …

We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …, and when tariffs go up, not down. Our results are robust to a large number of perturbations to our methodology, and we …

negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant short-run trade …