Study of Wine Tariffs
A study from Duke's Department of Economics found that consumers ultimately paid more than the tariff cost on European wines during a 2019-21 trade dispute.
The study's findings have significant implications for U.S. consumers as a fresh wave of tariffs affects prices.
The key result was that Americans paid higher costs than the federal government collected in tariff revenue.
Our findings contain both good and bad news for the American consumer.
Author's summary: Consumers pay more due to wine tariffs.
- Study by Duke's Department of Economics
- 2019-21 trade dispute on European wines
- Consumers paid more than tariff costs