. We estimate a highly flexible demand system to compute household-specific price indexes. The increases in US tariffs on …

In retaliating against Trump’s March 2025 imposition of import tariffs on EU aluminum and steel, the EU’s response … should be twofold: one, at the EU level, to apply retaliatory tariffs and negotiations, and two, to support country …-level efforts to minimize the impact of tariffs, including external substitution. We point out that the EU does not, however, at …

The new US administration has a clear agenda of reducing imports to the US and attract FDI by reducing tariffs and … tariffs on the US and RoW economy. We model both the international supply linkages of domestic producers and subsidiaries of … effect of tariffs on the import to inward FDI sales ratio. We are in particular interested how the use of tariff revenues …