13+ hour, 39+ min ago  (686+ words) Retrospective estimates of the consumer price impacts of 2025 tariffs (between 0.5% and 1%) are lower than what the Budget Lab initially estimated last April (2.3%). Just over 40% of this discrepancy can be explained by the nature of State of Tariff analysis: we assume…...

10+ hour, 28+ min ago  (243+ words) Over the last year, tariff policy has changed dozens of times, making tracking the statutory rate'either overall or for a specific product'very difficult. Today, TBL is releasing an open-source tool that uses public government data to create daily product-by-country tariff…...

1+ mon, 1+ week ago  (843+ words) The Budget Lab (TBL) estimates the effects of all US tariffs and foreign retaliation implemented in 2025 after the decision by the Supreme Court of the United States (SCOTUS) that President Trump exceeded his authority to invoke the 1977 International Emergency Economic…...