world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the …

American importers have borne the brunt of the tariffs' costs. In the short run, apparently American importers had little …

a decoupling–implemented by doubling non-tariff barriers–between the two blocks on trade and welfare. Imposing import … exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …

exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …

exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …

exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …

exports of the imposing country group from and to the rest of the world. The targeted country group increases exports to the … rest of the world and reduces imports. Welfare falls in all countries involved, suggesting that governments should strive …