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: June 17, 2025 State of U.S. Tariffs: June 1, 2025 State of U.S. Tariffs: May 29, 2025 State of U.S. Tariffs: May 23, 2025 State of U.S. Tariffs: May 12, 2025 State of U.S. Tariffs: April 15, 2025 Recent Analysis Trade Effective Tariff Rates and Economic Uncertainty in a Rapid Policy Environment June 4, 2025 Read the analysis Trade Tariffs, the Dollar, and the Fed January 31, 2025 Read the brief
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
Trade Effective Tariff Rates and Economic Uncertainty in a Rapid Policy Environment June 4, 2025 Read the analysis
