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Isn't this literally economics 101? How did we ever even end up imagining that tariffs are somehow paid by the exporter??
Many problems in the world would be solved if people actually read Economics 101.
Isn't this literally economics 101? How did we ever even end up imagining that tariffs are somehow paid by the exporter??
Can the title be changed to match some of the content text (eg America’s Own Goal: Who Pays the Tariffs?) ‘US Americans’ makes it sound as if a distinction is being drawn between Americans inside and outside of the US or something
Can the title be changed to match some of the content text (eg America’s Own Goal: Who Pays the Tariffs?) ‘US Americans’ makes it sound as if a distinction is being drawn between Americans inside and outside of the US or something
E.g. in Germany, inhabitants of the US are usually called "US amerikaner", so this is a direct translation (the Kiel institute is in Germany).
It's just Germans being stereotypically precise about things (and reminding citizens of the USA that they aren't the only people in the Americas).
I actually think Trump is going to lose big soon. One turning point was the death of Renee Good. Past this point the ICE stormtroopers may kill anyone else too, no matter who that is - just step in front of a car and shoot when the car moves. For serious penalty, all those TechBro cronies need to have all assets seized. They are imcompatible with democracy.
Unfortunately, this didn't get a lot of attention, but they also threw a flash-bang grenade and tear gas at a car filled with six children. A six month old baby had to get CPR from her mom. Two kids were hospitalized.
None of this is acceptable. And their overtly violent behavior has nothing to do with enforcing the law.
Isn't this literally economics 101? How did we ever even end up imagining that tariffs are somehow paid by the exporter??
No, it isn’t that simple. Who bears the most weight depends on the elasticity of the curve on each side. This is confirming demand is more inelastic, which causes it to bear the burden, but could have been the other way around.
Isn't the only thing that could matter - apart from strategic considerations of financing a loss for a time - if the margins are big enough? Who wants to pay for people to take their products below the full cost of making them, apart from some investor-financed hype startups?
> Event studies around discrete tariff shocks on Brazil (50%) and India (25–50%) confirm: export prices did not decline. Trade volumes collapsed instead. What if that was the intended result?