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February 3, 2025 | In the News

Amit Khandelwal quoted in New York Times: "Trump’s Trade Move Could Increase Costs for Many Online Goods"

EGC affiliate Amit Khandelwal is quoted in a New York Times article exploring how new tariff measures could impact consumer costs for common purchases.

The Yangshan Port in Shanghai. China is by far the biggest source for low-value packages shipped to the United States.
New York Times

New York Times
February 3, 2025

... Amit Khandelwal, an economist at Yale University who is an author of a study on the trade provision, said his research found that lower-income Americans spent a disproportionate amount on de minimis shipments and imports from China compared with wealthier consumers.

“Lower-income individuals will be hurt more,” he said. “Domestic retailers, domestic producers, they obviously would benefit from taxing those imports, but there is a cost.”

Read more on the New York Times website.