When evaluating the impact of tariffs on consumer prices, we consider how they affect prices both domestically and abroad. Key factors include the effective tariff rate, the degree of pass-through along the global value chain, import substitutability with domestic...
Last week, President Trump threatened to impose a 39% tariff on Switzerland, higher than the initial 31% discussed in April 2025. With the U.S. being a major importer of Swiss products like watches, chocolates, and machinery (12.3% of Swiss exports), such a steep...
The Eurozone Grew More Than Expected – Germany & Italy Overall, the Eurozone has enjoyed 0.6%QoQ growth in 2025Q1 despite disinflationary forces like weaker consumer and business sentiment subduing CPI. Recent priorities by the Eurozone to shift supply chains has...
On August 3, 2025, Ben Gurion Airport will resume over 120 international flights for the month, though this remains insufficient to fully meet demand. Israeli travel companies have cited 10 to 15% higher ticket prices to destinations like New York City, due to reduced...
Recently Trump announced a trade deal with the EU with terms that impose a 15% tariff on all E.U. imports (including motor vehicles) and a 0% retaliatory tariff on the U.S. Currently, if we consider consumer goods imported, EU goods account for roughly 0.75% of the...
In the first five months of 2025, the U.S. government collected $68.9 billion in tariffs and excise taxes, as the Yale Budget Lab reports the effective tariff rate surged from 2.4% in 2024 to 19.4% by July 23, 2025. With duties now at their highest level in recent...
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