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Since taking office the Administration of George W. Bush has pursued a trade policy known as Competitive Liberalization … considerations have influenced U.S. trade policymaking, perhaps more so than in the 1990s. To date the principal outcome of this … policy has been the negotiation by the U.S. of numerous free trade agreements, mainly with developing countries individually …
Persistent link: https://www.econbiz.de/10005797695
was offset by the concurrent appreciation of the US dollar and trace the source of the appreciation back to US trade … policy itself. The dollar response to trade policy uncertainty (TPU) is key to assessing the overall impact of trade policies … featuring financial frictions, which accounts for uncertainty regarding future trade policy. In the model, an increase in TPU …
Persistent link: https://www.econbiz.de/10012792730
This paper identifies various channels through which the Sino-US trade war and the January 2020 truce affect Swiss … goods exports. As a third party to this bilateral trade war, Switzerland's goods exports were not targeted directly … that leading central banks eased monetary policy partly on account of the macroeconomic consequences of the Sino- US trade …
Persistent link: https://www.econbiz.de/10012435246
If a free trade agreement (FTA) is characterized by the exchange of market access with a large and competitive trading …. We argue that the Canadian-US free trade agreement (CUSFTA) provides an ideal policy experiment to link this mechanism to …
Persistent link: https://www.econbiz.de/10009665362
an increase in Brazilian sugar exports in the absence of SSG tariffs was calculated and also the overall impact on … raw sugar in EU and 30% for white sugar in US in years 1999 and 2002, which the additional tariffs were highest. In period … tariffs applied by EU were always higher than those applied by US. We estimated that the impact of the value of sugar that was …
Persistent link: https://www.econbiz.de/10011485200
actions being to boost the manufacturing sector. In this paper, we estimate the effect of the tariffs -- including retaliatory … tariffs by U.S. trading partners -- on manufacturing employment, output, and producer prices. A key feature of our analysis is … accounting for the multiple ways that tariffs might affect the manufacturing sector, including providing protection for domestic …
Persistent link: https://www.econbiz.de/10012834187
The trade war initiated by the Trump administration is the largest since the US imposed the Smoot-Hawley tariffs in the …. Our results highlight the political salience of the trade war: US trade war tariffs boosted Trump’s support but foreign … retaliation hurt Trump. In particular, the pro-Trump effects of US trade war tariffs were crucial for Trump crossing the recount …
Persistent link: https://www.econbiz.de/10013171058
In this paper, I discuss the effects of certain trade policy measures, mostly import tariffs, presently contemplated by … insofar as such measures restrain free trade among NAFTA member-countries, they run counter to a basic rule suggested by … highest rate of effective protection. I try to demonstrate that erecting barriers against inside-NAFTA trade, aside from …
Persistent link: https://www.econbiz.de/10012062864
Estimations show that in the course of the steel trade war, share prices of American companies benefited upon the … announcement of higher tariffs. Announcements of higher tariffs between China and the U.S. caused share prices to tumble … U.S. president from increasing tariffs …
Persistent link: https://www.econbiz.de/10012007679
stock of existing transatlantic retaliatory tariffs and examines three different motives that explain how products are … evaluation of EU tariffs implemented in response to U.S. steel and aluminum tariffs: within one year, imports of treated products … from the U.S. fell by 36 percent. Trade diversion can only partially offset this decline in imports. Finally, this study …
Persistent link: https://www.econbiz.de/10012213902