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Feodora Teti @feodorateti.bsky.social · 31/03/2025

Scenarios: 🔁 Symmetric — U.S. raises and lowers tariffs to match partner levels 📈 Upward-only — U.S. raises tariffs only where its own are lower 💥 Flat 25% — Uniform 25% tariff on all imports

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Feodora Teti @feodorateti.bsky.social · 31/03/2025

What if the U.S. adjusted its tariffs on Germany and Switzerland to match what those countries charge? This NZZ chart by @florianseliger.bsky.social & @jonasoesch.ch shows how U.S. tariffs would rise under 3 "reciprocity" scenarios using my data from the Global Tariff Database 👇

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

🔴 CAVEAT: The Global Tariff Database only includes applied MFN and preferential tariffs. This means that recent trade war tariffs (since the first Trump administration), safeguards, anti-dumping tariffs, and any other types of tariffs are NOT included.

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

Even more importantly: This matters! I show that existing estimates of the trade elasticity are highly sensitive to tariff mismeasurement.

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

Big difference, right? Want to know how it's done? The details are in my paper: Teti (2024). 🔗https://www.cesifo.org/en/publications/2024/working-paper/missing-tariffs

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

Now compare that to this cleaned version from the Global Tariff Database:

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

Finding clean data on tariffs is hard. Take Mexican import tariffs on U.S. products as an example—here’s what you get from WITS:

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Feodora Teti @feodorateti.bsky.social · 11/03/2025

🚨New data alert! A beta version of the Global Tariff Database is now available! 🔗https://feodorateti.github.io 🔎If you're looking for cross-country data on bilateral tariffs, this might help you.

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Reposted by Feodora Teti

CESifo @cesifo.org · 17/12/2024

📣 We are delighted to announce that we'll be hosting the 𝟯𝗿𝗱 𝗦𝘂𝗺𝗺𝗲𝗿 𝗦𝗰𝗵𝗼𝗼𝗹 𝗼𝗳 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 by the 𝗝𝗼𝘂𝗿𝗻𝗮𝗹 𝗼𝗳 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀! The Summer School will take place in #Munich from 𝟭𝟲 – 𝟭𝟴 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟱. PhD and Postdocs can apply until 21 January 👇 www.cesifo.org/en/event/202...

cesifo.org

Journal of International Economics Summer School 2025

CESifo is delighted to announce that we will host the Journal of International Economics (JIE) Summer School from 16 - 18 July 2025. The local academic hosts are Claudia Steinwender (LMU Munich), Cars...

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