showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant … consequence of tariff shocks. We exploit sudden policy changes in the context of the trade dispute between the US and China. Based …

This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … conflict, based both on empirics (ex post analysis) and on simulations (ex ante analysis). Bilateral tariffs have increased on … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only …

We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining … persistently, in aggregate and across sectors and space. The general equilibrium import elasticity is -0.8. Historically, NAFTA …

affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU … falling by 5% (Finland) to 43% (Bulgaria) taking into account the new tariffs and the elasticity of the trade response to this …

in a given sector is affected by past reductions in applied tariffs. Employing an identification strategy based on 'new … measures', we find evidence of a substitution of non-tariff measures for tariffs both in the sample of TBT and in the sample of …. These results are consistent with our theoretical model, which predicts policy substitution between tariffs and standards in …

-level impact of tariffs on import prices. Findings suggest no pass-through effect from changes in tariffs but our quantity analysis …-favoured-nation tariffs. The findings emphasize the importance of varieties, defined as firm-origin combination, in import price analyses. We …Using highly disaggregated customs-transaction-level data, we study the importer price effects of tariffs in the …