Under the Richmond Fed's 'Scenario 2' tariff model, U.S. industries such as leather, apparel, and textile products face steep tariff increases due to their reliance on imports from China and USMCA partners in categories not covered by trade agreements.

Authors

• Person: Not available Organization: Federal Reserve Bank of Richmond
  Tariffs: Estimating the Economic Impact of the 2025 Measures and ...

Sources

• Tariffs: Estimating the Economic Impact of the 2025 Measures and ... www.richmondfed.org Federal Reserve Bank of Richmond via serper

Referenced by nodes (6)

• U.S. location
• tariff concept
• USMCA concept
• Federal Reserve Bank of Richmond entity
• China location
• trade agreements concept