> In the medium-to-long run, the size of the US economy is persistently 0.2% smaller in real terms under the package
> The average effective tariff rate would rise by approximately 6.1-6.3 percentage points under the proposal, once consumers and businesses substituted towards domestic or non-tariffed imported goods.
> The individual commodity with the largest price increase is natural gas. The average price rises 8.4%
> In the medium-to-long run, the size of the US economy is persistently 0.2% smaller in real terms under the package
> The average effective tariff rate would rise by approximately 6.1-6.3 percentage points under the proposal, once consumers and businesses substituted towards domestic or non-tariffed imported goods.
> The individual commodity with the largest price increase is natural gas. The average price rises 8.4%
> Crude oil prices rise 1.1% in the long run.
> Auto prices rise 3.9% on average,