Very cool paper that uses Clashing over Commerce for exogenous tariff variation to identify the impact of tariff shocks on economic outcomes.... definitely worth a look!
Douglas Irwin
Using 180 years of US data to show that tariff increases reduce imports, output, and manufacturing, with effects operating through both supply and demand channels, from Tamar den Besten, Regis Barnichon, Diego R. Känzig, and Aayush Singh www.nber.org/papers/w35102
