The Ohio State University

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…

By Brent Sohngen (sohngen.1@osu.edu) Watching the current turmoil at USAID is more than sad. Not only is it devastating to hard working people and their families in all corners of the earth, but it will also have long-term implications for…

Have a look at this piece published in the Conversation: https://theconversation.com/high-rises-made-out-of-wood-what-matters-in-whether-mass-timber-buildings-are-sustainable-240416 High rises made out of wood? What matters in whether ‘mass timber’ buildings are sustainable by Brent Sohngen A material that’s been around since people built shelters – wood…

By Ian Sheldon (sheldon.1@osu.edu) Although commentators argue about the status of the World Trade Organization (WTO) compared to free trade agreements (FTAs), there is consensus that WTO dispute resolution has been its “crown jewel”.  Key is the two-instance adjudication system,…

By Ian Sheldon (sheldon.1@osu.edu) In a previous post (Ian Sheldon, “Do US Buyers Bear the Cost of Import Tariffs?”), it was shown that based on analysis of the 2018-19 trade war with China, US buyers bore the cost of US…