G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13564
DP13564 The Impact of the 2018 Trade War on U.S. Prices and Welfare
Mary Amiti; Stephen Redding; David Weinstein
发表日期2019-03-02
出版年2019
语种英语
摘要This paper explores the impacts of the Trump administration’s trade policy on prices and welfare. Over the course of 2018, the U.S. experienced substantial increases in the prices of intermediates and final goods, dramatic changes to its supply-chain network, reductions in availability of imported varieties, and complete passthrough of the tariffs into domestic prices of imported goods. Overall, using standard economic methods, we find that the full incidence of the tariff falls on domestic consumers, with a reduction in U.S. real income of $1.4 billion per month by the end of 2018. We also see similar patterns for foreign countries who have retaliated against the U.S., which indicates that the trade war also reduced real income for other countries.
主题International Trade and Regional Economics
关键词International trade Tariffs Trade war
URLhttps://cepr.org/publications/dp13564
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542420
推荐引用方式
GB/T 7714
Mary Amiti,Stephen Redding,David Weinstein. DP13564 The Impact of the 2018 Trade War on U.S. Prices and Welfare. 2019.
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