…or I’m wondering how “reciprocal tariffs” will have an effect on financial coverage uncertainty measures.
Determine 1: EPU (inexperienced, proper scale), 7 day centered transferring common Financial Coverage Uncertainty (brown, proper scale), Commerce Coverage Uncertainty (inexperienced, left scale), 7 day centered transferring common EPU (crimson, left scale). Supply: policyuncertainty.com, matteoiacoviello.com.
Who is aware of what “reciprocal tariffs” are. The language for the 2018 draft Honest Commerce and Reciprocal Tariff Act is right here. Plainly it’s one thing like the identical tax charge is utilized to widgets coming to the US from nation X as nation X has a tax on widgets coming in from the US… (or possibly it’s the tax income).
