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Before the Trans-Pacific Partnership (TPP) was scheduled to enter into force, the United States withdrew from the trade accord. Eleven other TPP signatories decided to revive the agreement, which led to the implementation of the Comprehensive and Progressive Agreement for TPP (CPTPP). The...
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In March 2002, the United States imposed temporary safeguard measures on 11 steel products in the forms of higher tariffs and tariff-rate quotas. Using a dynamic computable general equilibrium (CGE) model, we evaluate the effects of U.S. safeguards on economic welfare, real GDP, steel trade, and...
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