Trump has put tariffs on the economics agenda in a way that hasn’t been true for decades. As a new semester of principles of economics begins, here are some resources for teaching tariffs.
Comparative Advantage (video)
The Microeconomics of Tariffs and Protectionism (video)
Why Do Domestic Prices Rise with Tariffs? (post)
Trade Diversion (Why Tariffs on More Countries Can Be Better) (post)
Manufacturing and Trade (post), Manufacturing Went South (post) and Tariffs Hurt Manufacturing (post)
Three Simple Rules of Trade Policy (Lerner symmetry, imports are inputs, trade balances and capital flows; post)
Tariffs and Taxes (post), Tariffs are a Terrible Way to Raise Revenue (Albrecht post) and Consistency on Tariffs and Taxes (post)
Globalization: Economics, Culture and the Future (video)
The Tariff Tracker, great source for real time tracking of prices such as below (the data can be downloaded):
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