What value of us imports in 2018

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Reference no: EM132401041

For answering this question you are supposed to study "The Impact of the 2018 Trade War on U.S. Prices and Welfare" by Amiti, Redding, Weinstein.

a. The Trump administration imposed tariffs on what value of US imports in 2018? This accounts for what percentage of US imports1? Mainly on what products and mainly on which countries were these tariffs imposed?

b. Mainly which countries did retaliate by imposing tariffs on US exports? What amount of US exports were affected by these retaliatory tariffs? This accounts for what percentage of US exports? What products were mainly affected by these retaliatory tariffs?

c. In explaining Figures 1 and 2, the authors write: "whether the tariff benefits the country as a whole depends on the sign of

Reference no: EM132401041

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