Who Pays for Tariffs?
Tariffs are one of the oldest instruments of trade policy, often justified as tools to protect domestic industries and generate government revenue. But the real question remains: who ultimately bears the cost? This masterclass will explore the economic incidence of tariffs, examining how the burden is shared between consumers, producers, and foreign exporters. Through real-world examples and empirical evidence, participants will gain insights into how tariffs influence prices, trade flows, and welfare across economies. The session will also discuss contemporary debates on trade wars and their broader implications for globalisation and economic growth.
Speaker
Nilesh Jain
Associate Professor
Amrut Mody School of Management
PhD (Indian Statistical Institute, Delhi)
Research Interests: Industrial Organisation, Information Economics, Applied Microeconomic Theory, Economics of Organisation
Date: Wednesday, February 4, 2026
Time: 3:00 - 4:00 PM IST
Venue: Room 008, Amrut Mody School of Management, Central Campus
