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ongoing since the early 2010s. The main focus is on the US’s Safeguard tariffs that were instigated in early 2018. The paper … argues that the aim was to counteract the predatory pricing policies that have been made possible due to China’s extensive … factors: such as the ocean of related trade policy events that preceded and followed the US Safeguard tariffs, or the …
Persistent link: https://www.econbiz.de/10014244353
domestic import substitution and trade diversion policies in Input-Output schemes. We found that allowing sectors and countries …
Persistent link: https://www.econbiz.de/10012890429
trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by … documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence … several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some …
Persistent link: https://www.econbiz.de/10012858385
data on tariffs and trade covering 130 countries. We show that regionalism has delivered limited effective liberalization …
Persistent link: https://www.econbiz.de/10012986236
tariffs in the range of 14 percent for the U.S. to 43 percent for China, and tend to increase unemployment and income …-generating tariffs to study the aggregate and distributional consequences of tariff wars in a unified framework. Motivated by the 2018 …, China and the Rest of the World. If governments maximize aggregate welfare, the average optimal tariff and the average Nash …
Persistent link: https://www.econbiz.de/10013239625
In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure … reduction in intermediate and consumption input or output tariffs do not significantly increase their investment rates. However …, firms' investment rate increase strongly in response to a reduction in capital goods input tariffs. Firms do not substitute …
Persistent link: https://www.econbiz.de/10012831604
effects of reducing tariffs and simultaneously replacing lost tariff revenues with revenues from consumption tax. It concludes …
Persistent link: https://www.econbiz.de/10012445857
This paper presents a new global tariff database covering tariffs at the six-digit product level for 197 importing … data and misreporting, almost doubling the number of available tariffs from 2.9 to 5.7 billion. The improvement in the data … tariffs around the world improving our understanding of how countries set tariffs substantially. …
Persistent link: https://www.econbiz.de/10012254482
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation … escalation between the US, China, the European Union (EU) and the North American Free Trade Agreement (NAFTA) countries to answer … was optimally chosen using a novel simulation approach constructing counterfactual retaliation responses. For China and …
Persistent link: https://www.econbiz.de/10011986148
We demonstrate that durable MFN tariff elimination affects trade patterns through several layers, and magnitudes of effects are sizable. The WTO Information Technology Agreement's (ITA) unique setting allows us to overcome the challenges associated with identifying effects of non-discriminatory...
Persistent link: https://www.econbiz.de/10011882479