What this covers
Place: United States
Time covered: 2018 US tariffs; published 2019–2020
What this does not prove
These are different parts of a cost study. Adding the tax take to the full buyer cost would count part of the same money twice.
Read the source
The Return to Protectionism ↗
Fajgelbaum, Goldberg, Kennedy and Khandelwal / Quarterly Journal of Economics · 2020-02
Where to look: Abstract and Table VIII: US$51 billion gross import-buyer loss; US$7.2 billion net real-income loss after revenue and producer gains
The Impact of the 2018 Tariffs on Prices and Welfare ↗
Amiti, Redding and Weinstein / Journal of Economic Perspectives · 2019
Where to look: By December 2018: $3.2 billion a month in added tax payments plus $1.4 billion a month in deadweight losses; import prices rose one-for-one with tariffs
Fixes and updates
No fact has changed in this version. If we fix a claim, we will add the date and explain the change here and in our list of fixes.
