Taxes and tariffs are—unsurprisingly—a major topic for economists. On one hand, they generate huge inefficiencies, deadweight losses, and perverse incentives; on the other hand, they reveal the fascinating creativity with…
Tariffs
Upon returning to office in January 2025, President Donald J. Trump swiftly reignited his signature “America First” trade agenda. Central to this strategy was a sweeping overhaul of U.S. tariff…
Online Articles
How China went from low-cost exporter to tech rival and why tariffs won’t save the day
by
Luca Martina
The United States has accused China of leveraging an unfair advantage in trade relations and is threatening the imposition of substantial new tariffs. This raises two fundamental questions: are the…
On April 2, 2025, President Donald Trump declared “Liberation Day”, launching a dramatic protectionist turn that may trigger the greatest global economic disruption since the Great Depression. He announced a…