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More evidence on the effects of recent tariffs

Economy
United States
Started August 21, 2026

Trump is giving economists something to write papers about: U.S. tariff rates in 2025 rose to levels not seen since the Great Depression, yet imports increased. To account for the missing trade collapse, we develop an open-economy New Keynesian model with tariff heterogeneity, inventories, and shocks to investment that capture the AI-driven boom. The model […] The post More evidence on the effects of recent tariffs appeared first on Marginal REVOLUTION. CommentsLike Ptolemy adding epicycles. ...

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CLAIM Posted by admin • Aug 21, 2026
U.S. tariffs should be reevaluated in light of their actual economic outcomes over the past few years.
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CLAIM Posted by admin • Aug 21, 2026
The AI-driven economic boom is a more significant factor in trade patterns than recent tariffs.
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CLAIM Posted by admin • Aug 21, 2026
The benefits of tariffs to domestic producers outweigh the costs to consumers.
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CLAIM Posted by admin • Aug 21, 2026
The complexity of modern supply chains makes tariffs less effective than in the past.
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CLAIM Posted by admin • Aug 21, 2026
The effectiveness of tariffs in achieving trade goals must be assessed with rigorous economic analysis.
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CLAIM Posted by admin • Aug 21, 2026
Tariffs disproportionately impact low-income households, exacerbating economic inequality.
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CLAIM Posted by admin • Aug 21, 2026
Recent tariffs have harmed American consumers by increasing prices on imported goods.
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CLAIM Posted by admin • Aug 21, 2026
Increased tariffs are necessary to protect American jobs from foreign competition.
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CLAIM Posted by admin • Aug 21, 2026
Recent tariffs have not significantly decreased the number of imported goods in the U.S. market.
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CLAIM Posted by admin • Aug 21, 2026
Recent tariffs have successfully reduced the trade deficit for the United States.
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