The Ohio State University

By Ian Sheldon (sheldon.1@osu.edu) In a recent blog post, it was noted that the United States Court of Appeals for the Federal Circuit had begun deliberations over a ruling by the U.S. Court of International Trade (CIT) against President Trump’s…

Brent Sohngen, Department of Agricultural, Environmental, and Development Economics, Ohio State University (sohngen.1@osu.edu) This short article examines current trends in several parts of the energy sector, including oil, natural gas and electricty markets. In each section, I look at factors…

By Ian Sheldon (sheldon.1@osu.edu) The United States Court of Appeals for the Federal Circuit recently began deliberations over a ruling by the U.S. Court of International Trade (CIT) against President Trump’s so-called “Liberation Day” tariffs (V.O.S. Selections, Inc. v. United…

By Ian Sheldon (sheldon.1@osu.edu) Currently the United States is on course to deviate from its World Trade Organization (WTO) commitments by unilaterally resetting all of its previously bound tariffs, President Trump referring to these as “reciprocal tariffs”.  However, the interpretation…

By Ian Sheldon (sheldon.1@osu.edu) To trade economists this seems a rather odd question, the answer to which would be: well of course tariffs impose costs on buyers (consumers and firms purchasing inputs), and the basic explanation can be found in…