Tariffs in the Data

From CPI, note the CPI furniture and appliances category:

Figure 1: CPI all urban (blue), CPI commodities (green), and CPI – furniture and household appliances (tan), all in logs, 2025M01=0. Source: BLS, and author’s calculations.

And, on a much more granular level, from Cavallo et al. (July 17, 2025):

Source: Cavallo,  et al. (July 17, 2025).

Not only have tariffed goods prices risen, domestic competitor prices have as well. Thanks, Drumpf!

 

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