A History of U.S. Tariffs: Quantifying Strategic Trade-Offs in Tariff Policy Design
U.S. tariff policy has historically balanced competing goals—revenue, protection and reciprocity. Policy priorities have shifted over time in response to changing economic and political conditions. Using a calibrated general equilibrium model, this paper illustrates these trade-offs through the lens of tariff Laffer curves.
Authors
- Enrique Martínez‐García (ORCID: https://orcid.org/0000-0001-5736-361X)
- Michael Sposi
Publication Details
- Journal
- Federal Reserve Bank of Dallas, Working Papers
- Published
- 2025-08-01
- DOI
- https://doi.org/10.24149/wp2529
- Primary Topic
- Global trade and economics
- Type
- article
- Field-Weighted Citation Impact
- 0.00