Estimation of New Tariffs Applied by the United States
22 July 2025
|
Briefing note
Topic(s)
ECLAC estimated the new U.S. tariff levels by calculating effective tariffs based on detailed customs data from January–February 2025 and simulating five distinct tariff sets reflecting policy changes through mid-July 2025. These scenarios incorporate general surcharges, sector-specific increases, and partner-specific measures, particularly targeting China, Canada, and Mexico. The data is aggregated to align with GTAP sector classifications, enabling socioeconomic impact modeling through a computable general equilibrium framework.
