I think many would agree that today it’s key to understand the price impact of tariffs.
We show average import prices rose and lowered consumers’ real income in the UK from higher chances of tariffs due to Brexit.
I wouldn’t be shocked if the same is happening in the US now.
We show average import prices rose and lowered consumers’ real income in the UK from higher chances of tariffs due to Brexit.
I wouldn’t be shocked if the same is happening in the US now.
Reposted from
Journal of International Economics
New at JIE: "An import(ant) price of Brexit uncertainty" by Alejandro G. Graziano (@AGGraziano.bsky.social), Kyle Handley, Nuno Limão
https://doi.org/10.1016/j.jinteco.2024.104012
https://doi.org/10.1016/j.jinteco.2024.104012
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