Trade War: Adding up the costs Aug 26, 2019 Trade War: Adding up the costs By Erik Norland, Senior Economist, CME Group Highlights Consumers get tariff relief before holiday shopping season But tariffs will still amount to at least $50 billion on Sept 1 Another $30 billion in tariffs will be staggered between Sept 1 and Dec 15 US trade policy on China is evolving rapidly with trade war escalating Watch video Manage trade war outcomes in global markets with CME Group See how CME Group’s tools, economic research and education can help you track the effects of the trade war and better manage market outcomes. Learn more SEE MORE ANNOUNCEMENTS