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This chapter surveys research on the demand for protectionism as well as theoretical and empirical work on the (i) electoral mechanisms, the (ii) lobbying institutions, and the (iii) legislative bargaining that affect its supply. A recent trend is mutual feedbacks between commercial policy on...
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delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …
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.S. auto tariffs. The second analyzes a 'transactional deal' between the U.S. and China to close their bilateral deficit. The … third, in the absence of such a deal, considers a potential escalation in bilateral tariffs between the two countries. Some …
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