Global Trade, Tariff Uncertainty and the U.S. Dollar
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下载链接：
https://www.nber.org/papers/w34728
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资源简介：
We analyze how tariff uncertainty affects exchange rates, motivated by the U.S. dollars depreciation after the 2025 tariff announcements. Standard macro-trade models predict that unilateral tariffs appreciate the implementing countrys currency, but we show this result can be overturned by policy
提供机构：
美国国家经济研究局
创建时间：
2026-01-01
