Antoine Berthou
antoineberthou.bsky.social
Antoine Berthou
@antoineberthou.bsky.social
Reposted by Antoine Berthou
And to cut off independent reporting

www.wsj.com/economy/trum...
Trump Calls on Goldman to Replace Economist Over Tariff Stance
The bank’s economists had predicted tariffs could cause inflation and slow economic growth.
www.wsj.com
August 12, 2025 at 7:09 PM
The two sides of the same coin 🙃
February 14, 2025 at 12:09 PM
Reposted by Antoine Berthou
10/ Want to dig deeper?

Full paper: antras.scholars.harvard.edu/sites/g/file...

Short version for AEA P&P: antras.scholars.harvard.edu/sites/g/file...

Our six-digit NAICS measure of the APP can be downloaded here: antras.scholars.harvard.edu/sites/g/file...

Replication package available soon.
antras.scholars.harvard.edu
February 13, 2025 at 2:15 PM
Reposted by Antoine Berthou
1. No exchange rate effect. In this case imports are 10% more expensive for consumers. Exports are the same (because the exchange rate did not change) and the trade deficit shrinks. The entire tariff is paid by Americans.
January 9, 2025 at 3:43 PM