.S. auto tariffs. The second analyzes a 'transactional deal' between the U.S. and China to close their bilateral deficit. The … third, in the absence of such a deal, considers a potential escalation in bilateral tariffs between the two countries. Some …

reducing public revenues, showing that for a small open economy, a cut in tariffs combined with a point-for-point increase in …

This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using … tariffs at different stages of the production chain for a broad set of countries and industries. Our results suggest that … tariffs have significant effects on economic outcomes, including on countries and sectors not directly targeted. We find that …

In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure … reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However …, firms' investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute …

optimally deployed, it is shown, then the usual prescription that a small economy should not deploy tariffs remains valid even …

-CARICOM countries against time and commodity-level variation in external tariffs. I find that in each country the reduction of the …

of low- and middle-income countries. The study applies a linear optimization framework to data for bound tariffs, applied … tariffs, and imports at the HS-6 digit level for 58 developing countries, and simulates results for different sets of import …

This paper examines the macroeconomic impact of tariffs. Existing theoretical models do not provide clear … the hypothesis that tariffs have no statistically significant impact on the trade balance, the real exchange rate, or the …