Economic theory conventionally assumes that tariffs, when faced with incomplete retaliation from other countries, cause the levying country's currency to appreciate and/or the currencies of other countries to depreciate.

Authors

• Person: Not available Organization: Budget Lab at Yale
  Tracking the Economic Effects of Tariffs | The Budget Lab at Yale

Sources

• Tracking the Economic Effects of Tariffs | The Budget Lab at Yale budgetlab.yale.edu Budget Lab at Yale via serper
• Short-Run Effects of 2025 Tariffs So Far | The Budget Lab at Yale budgetlab.yale.edu Budget Lab at Yale via serper

Referenced by nodes (2)

• tariff concept
• currency concept