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Efficacy of Japan's Policy Options against Trump’s Tariffs
https://doi.org/10.24545/0002000195
https://doi.org/10.24545/00020001959ec1d2e2-55f3-482a-a76e-f5890c298fe8
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP25-3.pdf (528.9 KB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||
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| 公開日 | 2025-05-14 | |||||||
| タイトル | ||||||||
| タイトル | Efficacy of Japan's Policy Options against Trump’s Tariffs | |||||||
| 言語 | en | |||||||
| 言語 | ||||||||
| 言語 | eng | |||||||
| 資源タイプ | ||||||||
| 資源タイプ | technical report | |||||||
| ID登録 | ||||||||
| ID登録 (DOI) | 10.24545/0002000195 | |||||||
| ID登録タイプ | JaLC | |||||||
| 著者 |
HOSOE,Nobuhiro
× HOSOE,Nobuhiro
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| 著者別名 | ||||||||
| 別名 | 細江,宣裕 | |||||||
| 言語 | ja | |||||||
| 著者所属 | ||||||||
| 値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||
| 抄録 | ||||||||
| 内容記述タイプ | Abstract | |||||||
| 内容記述 | This study analyzes the impact of additional tariffs and reciprocal tariffs on US imports, which were announced immediately after the inauguration of the second term of the Trump administration, using a computable general equilibrium model. Our simulations show that China, which is subject to high tariffs, and Canada and Mexico, whose supply chains are closely connected by trade, suffer large economic welfare losses, while other countries and regions do not suffer much from Trump’s tariffs. Welfare in the US varies greatly depending on whether tariff revenues are spent on government consumption or returned to households, and in the latter case, the US would gain in welfare. Considering the countermeasures that Japan can take against Trump’s tariffs, Japan could maximize its welfare (or minimize its losses due to Trump’s tariffs) by imposing retaliatory tariffs of about 15% on the premise that tariff revenues would be returned to households, but only marginally. Rather than raising tariffs, it would be of great welfare benefit for Japan to eliminate tariffs on imports from the US, even if it is unilateral. Also, Japan’s retaliatory tariffs would inflict only small losses on the US, which would be far from sufficient for motivating the US to withdraw the additional or reciprocal tariffs. | |||||||
| 言語 | en | |||||||
| 発行年 | ||||||||
| 値 | 2025-05 | |||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. 25-3, 発行日 2025-05-13 |
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| 出版者 | ||||||||
| 出版者 | GRIPS Policy Research Center | |||||||
| 言語 | en | |||||||
| 関連サイト | ||||||||
| 関連タイプ | isIdenticalTo | |||||||
| 識別子タイプ | URI | |||||||
| 関連識別子 | https://ideas.repec.org/p/ngi/dpaper/25-3.html | |||||||
| 関連名称 | https://ideas.repec.org/p/ngi/dpaper/25-3.html | |||||||
| 著者情報 | ||||||||
| 内容記述タイプ | Other | |||||||
| 内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/hosoe_nobuhiro/ | |||||||
| 著者版フラグ | ||||||||
| 出版タイプResource | AM | |||||||
