Today in @Briefing_Book, @farihakamal2011, @EricaGroshen, @rothstein_jesse, @UdalovaVictoria, @JedKolko, @ipogadog, @awh, @chloergibbs, and I flag issues to watch as the administration changes

We’ve heard lots of (dubious) tariff talk over the course of this campaign. @farihakamal2011 brings some key facts today in @Briefing_Book: not that many firms trade in goods, but they represent most jobs, and many of those jobs are at firms that both export and import

A closer look at "Why broad-based import tariffs can hurt exports and manufacturing jobs" in today's Briefing Book. Takeaway: U.S. manufacturers rely on imported inputs and contribute disproportionately to overall exports and manufacturing job growth.

This election, tariffs have come up often. With Americans feeling the pinch in their pocket books, tariffs would not only raise costs (especially on the poorest), but also undercut jobs that rely on trade— including auto manufacturers. https://t.co/GLM3kT4KdI

Firms that both export and import goods employ more than half of all U.S. manufacturing workers and their share has grown over time. Check out the📢newly released 2022 BDS-Goods Traders📢for more statistics on the relationship between trade and jobs.

My latest-- on why trade is a win for the U.S. economy: "trade in goods support half of all jobs in the economy, and almost three-quarters of those jobs are at firms that both export and import goods" https://t.co/GLM3kT4KdI via @detroitnews

You, a genius reasoning from accounting identities: “Tariffs raise GDP by reducing imports.” Me, a humble reader of economics research: “Tariffs seem to reduce exports.” https://t.co/xxkhF8TNUz

By popular demand, here's an updated list of studies showing the economic harms of Trump-era tariffs AND an interactive version of our flowchart showing how tariffs work: "Americans Paid for the Trump Tariffs—and Would Do So Again" https://t.co/aTxmIPxHTF via @CatoInstitute

Good to see this @WhiteHouseCEA blog elevated. Using tariffs to replace the inc tax would increase inflation & invite deep economic distortions that benefit the wealthy and harm low- and middle-income Americans. https://t.co/LRq6SQBNv9 https://t.co/zrP9WE5YGb

Read the full blog here. /END https://t.co/xp2F8w83jr

The rapid growth of digital services requires consideration in domestic & international regulatory regimes. The U.S. is poised to lead the growth in intangible flows since the digitally-enabled services sector is one of the highest-paying & innovative segments of the economy. 6/

Yesterday, the CEA published a blog post about the U.S. comparative advantage in digitally-enabled services exports. 1/ https://t.co/xp2F8w83jr

Family leave mandates can widen existing gender inequalities during troubled economic times find @farihakamal2011 @ashasundaram9 and @tellotri

I made the Biden Tariff Analyzer for all the new tariffs. Please share. You can look up a tariffed product by code or description, get the new rate, phase-in, trade flows since 2016 and top suppliers. 1/ https://t.co/Yz8zwrC9hp

Family-leave policies may widen gender gap during economic downturns. Just Accepted new paper by Cristina Tello-Trillo (@tellotri) Fariha Kamal (@farihakamal2011) Asha Sundaran

Forthcoming in AEJ: Applied Economics: "Rising Import Tariffs, Falling Exports: When Modern Supply Chains Meet Old-Style Protectionism" by Kyle Handley, Fariha Kamal, and Ryan Monarch.

"Rising Import Tariffs, Falling Exports: When Modern Supply Chains Meet Old-Style Protectionism" via @AEAjournals tl;dr: US tariffs on *imports* mean lower US *exports* (one reason why tariffs don't reduce trade deficits) https://t.co/FECxvTxQ5A

Gains from trade

Shifting supply chains

Teamwork is dreamwork! Esp w such an awesome team. In fact, what the heck…take the rest of the day off. (Unless I need something…)