Influence on a typical household:
Supply: Brendan Duke, CAP.
From McKibben, Hogan, Noland (2024), value to US financial system from 10% tariffs, in GDP and inflation (deviation from baseline):
Extra 60% tariffs on Chinese language imported items.
From Alec Phillips, David Mericle and Tim Krupa (Goldman Sachs, 3 September 2024):
And we haven’t even thought of the financial implications of mass deportations.
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