A new study by the New York Fed suggests that the impact of President Trump’s tariffs on Chinese imports may be greater than initially reported. The research points to a discrepancy between US-China trade data, with the total effect potentially depending on exemptions for smaller orders. This finding has significant implications for the US economy and highlights the complexity of global trade policies.
Source: https://www.bloomberg.com/news/articles/2025-02-26/trump-s-china-tariffs-may-hit-us-economy-harder-than-expected