December 18, 2024
Edward J. Balistreri, Duane Acklie College of Business Yeutter Institute Chair
Suraiya Binte Ali, PhD Student in Economics
Christine McDaniel, Mercatus Center, George Mason University and the Yeutter Institute
Abstract
We consider the welfare impacts of US tariff policy at the levels proposed by President Trump. A transparent trade model reveals sizable welfare losses for the US, and these losses explode under more elaborate general-equilibrium models of trade.
About Edward J. Balistreri
Balistreri is the Duane Acklie College of Business Yeutter Institute Chair. View Biography
About Suraiya Binte Ali
Ali is a PhD Student in Economics. View Biography
About Christine McDaniel
McDaniel is a Senior Research Fellow at the Mercatus Center and a Non-Resident Fellow of the Yeutter Institute View Biography.
Opinions expressed are solely those of the author and not the Yeutter Institute or the University of Nebraska-Lincoln.