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qinbafrank|Feb 08, 2025 23:18
Feng's article quantitatively analyzes the impact of tariffs on US prices from a data perspective. The conclusion is that a 10% increase in tariffs on all imported goods from China has an impact of 0.276% on US prices, which is approximately equivalent to a one month lag in CPI decline. The impact is not significant.
Imposing comprehensive tariffs on Canada and Mexico may have a greater impact on US prices, as the US imports a large amount of goods from these two countries.
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