> The recent experience with U.S. tariffs on China has demonstrated that tariff passthrough to retail prices was low (Cavallo et al, 2021).
The line that says "sure, tariffs won't cost consumers _that_ much", and they don't even have a bibliographic entry for Cavallo et al. 2021.
> The recent experience with U.S. tariffs on China has demonstrated that tariff passthrough to retail prices was low (Cavallo et al, 2021).
The line that says "sure, tariffs won't cost consumers _that_ much", and they don't even have a bibliographic entry for Cavallo et al. 2021.