US ‘bearing large share’ of tariff costs – NBER paper
Authors find pass-through is nearly 100% and is reshaping how country trades
The US is “bearing a large share” of the costs of the tariffs imposed by president Donald Trump and this is changing its trading patterns, research by economists Gita Gopinath and Brent Neiman finds.
Their working paper, published this week by the US National Bureau of Economic Research, assesses tariff levels and the degree to which higher costs are passed on to US consumers via import prices.
Gopinath, a former deputy managing director of the International Monetary Fund, and Neiman, a professor
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