Why Has the Tariff Effect Been So Mild?
WSJ What’s News
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Analyzing the Mild Effects of Tariffs on Trade and Inflation
This chapter explores the effects of tariffs on U.S. trade and consumer prices, noting that store shelves remain well-stocked despite expectations of reshoring. It concludes with a forecast indicating that while inflation is gradually rising, the long-term impact of tariffs may be less severe than initially feared.
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