trade policies, such as applied import tariffs. The paper presents evidence of a counter-cyclical relationship between …

strategic trade policy, the authors show that the impact of a negative rainfall shock on optimal import tariffs is generally … reducing import tariffs. These findings are robust to alternative assumptions about market structure and the timing of the game …. Using detailed panel data on applied tariffs and rainfall for 70 nations, the authors find robust evidence that rainfall …

following scenarios: (i) currency revaluation in China; (ii) elimination of U.S. tariffs on Latin American exports under a …

To study the effects of tariffs on gross domestic product (GDP), one needs import demand elasticities at the tariff … or import-weighted average tariffs would suggest. Thus, distortion is nontrivial. GDP losses are largest in China …

and productivity impacts are magnified when tariffs rise during expansions and when they are imposed by more advanced or … smaller (as opposed to developing or larger) economies; effects are asymmetric, being larger when tariffs go up than when they …