Coursera Flash Sale
40% Off Coursera Plus for 3 Months!
Grab it
Explore the economic realities behind 2025's major tariff implementation in this 29-minute podcast episode featuring University of Chicago economist Brent Neiman. Discover groundbreaking research conducted with co-author Gita Gopinath that reveals the significant gap between statutory tariff rates and actual collections, demonstrating how US importers absorbed the majority of tariff costs rather than foreign exporters. Learn about China's dramatic decline as a US trading partner following the tariff measures and examine the broader economic implications including potential retaliation effects, shifting global trade alliances, and diplomatic consequences that may persist beyond any short-term revenue benefits. Gain insights into the complex dynamics of trade policy implementation and its real-world economic impacts through detailed analysis of empirical data and research findings.
