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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
-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 …-equilibrium tariff are about 16 percent. Multilateral trade negotiations lead to zero cooperative tariffs and free trade. No country can …
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
showing a strong negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant …
Persistent link: https://www.econbiz.de/10013314797
effects of reducing tariffs and simultaneously replacing lost tariff revenues with revenues from consumption tax. It concludes …
Persistent link: https://www.econbiz.de/10012445857
Are retaliatiory tariffs politically targeted and, if so, are they effective? Do countries designing a retaliation …
Persistent link: https://www.econbiz.de/10011986148
negative direct effect of US tariffs on US imports from China, but (2) do not find evidence for significant short-run trade …
Persistent link: https://www.econbiz.de/10012146302
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 …
Persistent link: https://www.econbiz.de/10012213902
The number of bilateral and multilateral trade agreements has surged in recent years. In order to benefit from preferential tariff rates,firms must apply and comply with rules of origin requirements. This is costly and explains why preference utilization rates (PUR) are far below 100 percent. In...
Persistent link: https://www.econbiz.de/10012317015
Using highly disaggregated customs-transaction-level data, we study the importer price effects of tariffs in the …-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 …
Persistent link: https://www.econbiz.de/10014505828