New US tariffs have varying impact on prices – Canadian research
Economists at the Bank of Canada have attempted to quantify the impact new trade tariffs will have, concluding they are unlikely to impact prices in the long term.
In their paper, Karyne Charbonneau and Anthony Landry use trade elasticity estimates to analyse the long-term impacts of the Trump administration’s tariffs, such as those on steel and aluminium imports. The authors also analyse the additional tariffs imposed between China and the US.
“Our results suggest that the newly imposed and
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Central Banking Awards 2024: fourth round announced
- Initiative of the year: the Netherlands Bank’s ChatDNB
- Payments and market infrastructure development: Federal Reserve Systems’ FedNow