measurement
The Richmond Fed's 'Scenario 2' tariff model assumes a 20 percent increase on all imports from China, a 25 percent increase on all aluminum and steel imports, and a 25 percent tariff on non-USMCA goods from Canada and Mexico relative to the benchmark case.
Authors
Sources
- Tariffs: Estimating the Economic Impact of the 2025 Measures and ... www.richmondfed.org via serper