Relevant and even prescient commentary on news, politics and the economy.

Bearing the Cost of Tariffs

Good explanation on who pays the tariffs imposed upon imports by Trump. Who Bears the Cost of Tariffs? Liberty Street Economics Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein The next chart shows how global supply chains shifted in response to the higher tariffs. We plot import shares by country (or region) for […]