How resilient are buyer-supplier relationships to new information about product defects? We construct a novel dataset of U.S. consumer product recalls sourced from foreign suppliers between 1995 and 2013. Using an event-study approach, we find that, compared to control relationships, buyers that...

We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by discontinuations of U.S. buyer-foreign supplier...