A column by Anastasiia Antonova (AMSE), Luis Huxel (University Of Tuebingen), Mykhailo Matvieiev (AMSE) and Gernot Müller (University Of Tübingen) published in VoxEU.
Since 2018, the Trump administration has been waging a trade war through successive hikes in customs duties. Has this policy protected the American economy? Researchers argue that, by fuelling uncertainty, it may in fact be producing the opposite effect.