THE RECENT CONSEQUENCES OF TRADE WARS AND TRADE THREATS: Who's Paying for the US Tariffs? A Longer-Term Perspective.

The article explores the impact of a series of tariffs imposed by the U.S. government which led to a trade war with China in 2018. Topics discussed include impact of tariffs on foreign export prices and import values, expansion of tariff application on imports from China in July 2018, and use of an event-study specification to review the impact of tariffs on U.S. import values and prices.