Below is the #1 paper, extraordinarily widely cited. They found that countries with significant market power systematically set higher tariffs on goods with ine

Below is the #1 paper, extraordinarily widely cited. They found that countries with significant market power systematically set higher tariffs on goods with inelastic supply, and in these cases the exporter lowers their price to absorb the tariff, improving the importer's terms of trade. https://www.columbia.edu/~dew35/Papers/Optimal_Tariffs_Market_Power.pdf https://www.columbia.edu/~dew35/Papers/Optimal_Tariffs_Marke...