Estimates of the elasticity of trade to tariffs at the product level are typically notably higher than aggregate estimates, as it is easy for firms to switch away from a single tariffed product from one country.

Authors

• Person: Not available Organization: Brookings
  Tariffs are a particularly bad way to raise revenue | Brookings

Sources

• Tariffs are a particularly bad way to raise revenue | Brookings www.brookings.edu Brookings via serper

Referenced by nodes (1)

• tariff concept