Tariffs in 2025: Short-Run Impacts on the U.S. Economy
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In 2025, the U.S. raised average tariff duties from 2.4% to 9.6%, bringing protectionism to its highest level in eighty years. We explore the structure of these tariffs, estimate their short-run impacts, and summarize the growing literature on their effects. Across trade partners, the tariffs are
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美国国家经济研究局创建时间：
2026-04-01
