2024-02-23
Impacts of tariffs and NTMs on beef, pork and poultry trade
2024-02-23 • William Ridley, Jeff Luckstead, Stephen Devadoss
Abstract Though tariffs have declined in recent years, the number of applied non‐tariff measures (NTMs) in meat trade has expanded. We estimate the impacts of tariffs and NTMs (sanitary and phytosanitary [SPS] measures, technical barriers to trade [TBTs], quantitative restrictions, and special safeguard measures) on beef, pork and poultry trade using a structural gravity model. Our baseline regression results show tariffs hinder trade, but SPS measures and TBTs on average expand trade for these three meat products…