Focal Interest
Focal Interest

Tariff

  1. Global tariffs converged long term, then diverged after 2018
    Study analyzes global tariff dynamics from 1990-2020, revealing long-term convergence until 2018 when U.S. tariff escalation triggers fragmentation in the multilateral trading system.
  2. Returning CBAM revenues to vulnerable products may raise welfare and cut emissions
    Product-level analysis of EU carbon border adjustment mechanism reveals revenue redistribution can increase global welfare and emissions reductions in steel sectors.