Some Final Images: Trade War 2.0

Impact on the average family:

Source: Brendan Duke, CAP.

From McKibben, Hogan, Noland (2024), costs to the US economy range from 10% in costs, GDP and inflation (baseline deviation):

60% more prices on Chinese imported goods.

From Alec Phillips, David Mericle and Tim Krupa (Goldman Sachs, 3 September 2024):

Nor have we considered the economic implications of mass deportation.

This entry was posted in with Menzies Chinn.


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