Trade War: Adding up the costs

Trade War: Adding up the costs

By Erik Norland, Senior Economist, CME Group


  • 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
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