What Happens When Countries Increase Tariffs?
Jonas C. Crews and
Fernando Leibovici ()
Economic Synopses, 2018, issue 12, 2 pages
This essay investigates the potential impact of higher U.S. tariffs on the U.S. economy. To do so, we investigate the evolution of key macroeconomic variables following past episodes of tariff increases across a large number of countries.
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