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From Baker, Bloom and Davis, in addition to Caldara et al., within the wake of Part 232 (“Nationwide Safety”) tariffs on toilet vanities, upholstered furnishings, and a few prescription drugs.
Determine 1: EPU-trade from Baker, Bloom and Davis (blue, left scale), and Commerce Coverage Uncertainty from Caldara et al. (pink, proper scale). Supply: policyuncertainty.com and Iacoviello.com.
In the event you’re questioning how toilet vanities productive capability is central to US nationwide safety, I’ve no reply for you; nor does the Commerce Division’s BIS.
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