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The Return to Protectionism

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NBER2019-03-01 更新2025-01-04 收录
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After decades of supporting free trade, in 2018 the U.S. raised import tariffs and major trade partners retaliated. We analyze the short-run impact of this return to protectionism on the U.S. economy. Import and retaliatory tariffs caused large declines in imports and exports. Prices of imports

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2019-03-01
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