Disentangling the Effects of the 2018-2019 Tariffs on a Globally Connected U.S. Manufacturing Sector

@article{Flaaen2019DisentanglingTE,
  title={Disentangling the Effects of the 2018-2019 Tariffs on a Globally Connected U.S. Manufacturing Sector},
  author={Aaron Flaaen and Justin R. Pierce},
  journal={Board of Governors of the Federal Reserve System Research Series},
  year={2019}
}
Since the beginning of 2018, the United States has undertaken unprecedented tariff increases, with one goal of these actions being to boost the manufacturing sector. In this paper, we estimate the effect of the tariffs---including retaliatory tariffs by U.S. trading partners---on manufacturing employment, output, and producer prices. A key feature of our analysis is accounting for the multiple ways that tariffs might affect the manufacturing sector, including providing protection for domestic… 

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