A staff report by Ina Simonovska (@simonovska.bsky.social) and Michael E. Waugh is available on our website: bit.ly/46fxgKS #econsky
A staff report by Ina Simonovska (@simonovska.bsky.social) and Michael E. Waugh is available on our website: bit.ly/46fxgKS #econsky
Read here: shorturl.at/F2uFf
Read here: shorturl.at/F2uFf
"Making America Great Again? The Economic Impacts of Liberation Day Tariffs"👨🦰
by Anna Ignatenko @lashkaripour.bsky.social Luca Macedoni @simonovska.bsky.social
This model estimates U.S. welfare and global employment under optimal tariff retaliation📉:
www.ifo.de/en/cesifo/pu...
"Making America Great Again? The Economic Impacts of Liberation Day Tariffs"👨🦰
by Anna Ignatenko @lashkaripour.bsky.social Luca Macedoni @simonovska.bsky.social
This model estimates U.S. welfare and global employment under optimal tariff retaliation📉:
www.ifo.de/en/cesifo/pu...
In summary: while these tariffs may help reduce the trade deficit, they will impose significant costs on the U.S. economy after retaliation by trade partners.