Estimating the market effect of a trade war: The case of soybean tariffs
In 2018, China retaliated to U.S. trade actions by levying a 25% retaliatory tariff on U.S. soybean exports. That tariff shifted market preferences so that Chinese buyers—who make up a substantial share of total world consumption—favored Brazilian soybeans. We use the relative price of a substitute...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier Ltd
2021
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |