Who's Paying for the US Tariffs? A Longer-Term Perspective

Mary Amiti, Stephen Redding and David Weinstein

AEA Papers and Proceedings, 2020, vol. 110, 541-46

Abstract: Using another year of data including significant escalations in the trade war, we find that the costs of the US tariffs continue to be almost entirely borne by US firms and consumers. We show that the response of import values to the tariffs increases in absolute magnitude over time, consistent with the idea that it takes time for firms to reorganize supply chains. We find heterogeneity in the responses of some sectors, such as steel, where tariffs have caused foreign exporters to drop their prices substantially, enabling them to export relatively more than in sectors where tariff pass-through was complete.

JEL-codes: F13 F14 F23 L14 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (14)

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Related works:
Working Paper: Who's paying for the U.S. tariffs? A longer-term perspective (2020)
Working Paper: Who’s paying for the U.S. tariffs? A longer-term perspective (2020)
Working Paper: Who's Paying for the US Tariffs? A Longer-Term Perspective (2020)
Working Paper: Who's Paying for the U.S. Tariffs? A Longer-Term Perspective (2019)
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DOI: 10.1257/pandp.20201018

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