There are many questions about tariffs that can be answered through a combination of theory and data. This lecture discusses seven that everyone should know the answers to.
The Questions
- Question #1: What Is (Always) Bad About Tariffs? (05:16)
- Question #2: What is (Potentially) Good About Tariffs? (13:22)
- Question #3: Should a Country (Sometimes) Use Tariffs? (28:15)
- Question #4: How Do We Know Whether (a Particular Set of) Tariffs Are Good or Bad? (43:08)
- Question #5: What Was the Impact of the 2018–2019 Trade War? (46:59)
- Question #6: Are Global Tariffs Unfair to the United States? (56:56)
- Question #7: What Is (Really) Bad about Trade Wars? (1:02:27)