Date Published: May 9, 2019
|Table 1: Level Impact on GDP 12-Months Ahead (%)|
|Increase Tariff to 25% (from 10%) on US$200bn in Imports from China||-0.14 [-0.1 to -0.3]||-0.12 [-0.1 to -0.2]||-0.12 [-0.1 to -0.2]||-0.05 [-0.04 to -0.1]|
|25% Tariff on US$325bn in additional Imports from China||-0.28 [-0.2 to -0.6]||-0.2 [-0.15 to -0.3]||-0.14 [-0.1 to -0.3]||-0.1 [-0.06 to -0.2]|
|Note: Range of estimated impacts in parentheses. Lower end of range assumes lower confidence and stock market impact, while upper end of range assumes much stronger confidence and stock market effects.|
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