Tag: Tariff
Global tariffs converged long-term, then diverged after 2018 in the U.S.
Study analyzes global tariff dynamics from 1990-2020, revealing long-term convergence until 2018 when U.S. tariff escalation triggers fragmentation in the multilateral trading system.
Returning CBAM revenues to vulnerable products may raise welfare and cut emissions
Product-level analysis of EU carbon border adjustment mechanism reveals revenue redistribution can increase global welfare and emissions reductions in steel sectors.
