Tariffs

Created
Thu, 16/04/2026 - 18:00
Boromeus Wanengkirtyo, Ivan Yotzov and Mishel Ghassibe Can tomorrow’s costs affect firm prices today? When a temporary tariff schedule on imported inputs was announced in March 2019, many UK firms adjusted prices in anticipation – despite the potential cost change being in the future. In a recent working paper, we use firm‑level survey data to … Continue reading Tomorrow’s costs, today’s prices: why expectations matter for inflation
Created
Fri, 23/01/2026 - 01:00
Marco Garofalo and Thomas Prayer The US administration raised US import tariffs in April, reigniting trade tensions. This sparked concerns about cheaper exports being diverted to other markets, potentially lowering global prices. Using detailed product-level data, we build a novel timely indicator to consistently track trade prices across countries. Chinese export prices have risen less … Continue reading Monitoring trade prices in the wake of trade tensions
Created
Wed, 16/04/2025 - 22:41
This trade war is really a fight for the future of the dollar. 16/04/2025 Trump’s tariff bombardment has torn up the rules by which Western elites have lived for the last 35 years: the rules of a globalising economy under the benign guardianship of a Pax Americana. He is openly challenging opinion makers to change … Continue reading New Statesman: Could John Maynard Keynes fix Trump’s tariff crisis?