Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2 The Budget Lab's analysis of tariffs announced on April 2nd in isolation and of all U.S. tariffs implemented so far in 2025. Read the report All Topics Trade The economic and fiscal effects of trade and tariff policy. Recent Scores State of U.S. Tariffs: April 15, 2025 The Fiscal and Economic Effects of the Revised April 9 Tariffs State of U.S. Tariffs: Week of April 7, 2025 The Fiscal, Economic, and Distributional Effects of a 20% Broad TariffThe Budget Lab modeled the total effect of an illustrative 20% broad tariffs. The Fiscal, Economic, and Distributional Effects of 25% Auto Tariffs Real Change in Output by Commodity/Region of Tariffs on China, Canada, and Mexico
Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2 The Budget Lab's analysis of tariffs announced on April 2nd in isolation and of all U.S. tariffs implemented so far in 2025. Read the report