International Trade

The Costs of Tariffs (VIDEO)

By and ·November 24, 2019
Fletcher School, Tufts University and Harvard University
This conversation was recorded on August 1, 2019.

Politicians often advocate for tariffs in an effort to protect jobs in a particular industry, such as those of steel workers. But positive employment effects are frequently muted, and can be outweighed by job losses -- for instance at companies that use steel as

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Should the Government Subsidize Exporters? (VIDEO)

By and ·October 29, 2019
Fletcher School, Tufts University and Harvard University
This conversation was recorded on August 1, 2019.

Only a very small share of U.S. companies export. The Department of Commerce puts the figure at 1% when looking at all incorporated firms across all sectors. Even in manufacturing, where exports are more important and firms on average are substantially larger, only

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The Costs of U.S. Tariffs Imposed Since 2018

By ·October 10, 2019
University of California, Davis

(Click here for a larger version of the table with a complete listing of studies mentioned, their estimates, and the different factors each study takes into account.)

The Issue:

Economists from academia and the policy sphere have used a variety of methods to estimate the impact of new tariffs implemented in 2018

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Do Bilateral Trade Deficits Matter? (VIDEO)

By and ·September 4, 2019
Fletcher School, Tufts University and Harvard University
This conversation was recorded on August 1, 2019.

With the ongoing trade tensions between the U.S. and China, Michael Klein, Executive Editor of EconoFact, and Marc Melitz (Harvard) discuss why the difference between the value of goods imported and exported between one country and another should not be a central

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Should the United States Try to Weaken the Dollar?

By and ·August 5, 2019
The Fletcher School, Tufts University and University of California, Berkeley

The Issue:

U.S. political leaders from President Trump to Democratic presidential candidate Elizabeth Warren see the dollar’s current strength as a drag on the American economy. A strong dollar makes U.S. goods more expensive in foreign markets while at the same time making it more difficult for U.S. producers

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The Politics of Manufacturing Decline

By , and ·July 30, 2019
University of California, San Diego, Harvard University, and Georgetown University

County colors represent:

 Red Greater than median of vote shift, and greater than median of job loss.
 Pink Greater than median of vote shift, and less than median of job loss.
Light Blue Less than median of vote shift, and greater than median of job loss.
Dark Blue Less
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Is China Weakening the Yuan to Fight U.S. Tariffs? (UPDATE)

By ·July 11, 2019
Fletcher School, Tufts University

The Issue:

The yuan has declined in value against the dollar by about 9 percent since the Spring of 2018. A weaker yuan tends to make Chinese goods cheaper in the United States and would partially offset the tariffs that the Trump administration is imposing on Chinese imports. Treasury Secretary Steven Mnuchin

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The Link Between the Shift in Politics and Globalization (VIDEO)

By and ·May 30, 2019
Harvard University and The Fletcher School, Tufts University
This conversation was recorded on December 5, 2018.

The Issue:

The 2016 election was unique in that — for the first time in 75 years — candidates from both political parties, Donald Trump and Senator Bernie Sanders, ran for their party's nomination on platforms that were explicitly hostile to international

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The Costs of Tariffs in the U.S.-China Trade War

By ·May 14, 2019
University of California, Davis

The Issue:

The tariff war imposes costs on U.S. consumers, firms, and farms. As trade tensions between the United States and China escalate with increasing tariff rates and a broadening set of goods subject to fees, costs of the spat are likely to rise. But determining who bears the bulk of these costs can be complicated.

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