G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w25672
来源IDWorking Paper 25672
The Impact of the 2018 Trade War on U.S. Prices and Welfare
Mary Amiti; Stephen J. Redding; David Weinstein
发表日期2019-03-25
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 Economics ; Trade
URLhttps://www.nber.org/papers/w25672
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583345
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Mary Amiti,Stephen J. Redding,David Weinstein. The Impact of the 2018 Trade War on U.S. Prices and Welfare. 2019.
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