CBO Says Tariffs Will Be Bad; In Reality They Will Be Even Worse (2025)
This Policy Brief, prepared by Trade Partnership Worldwide staff, examines the Congressional Budget Office’s (CBO) recent assessment of economy-wide impacts of proposed tariffs on U.S. imports and argues that a dynamic trade model is necessary to capture 10-year impacts. Given CBO’s important role in legislative processes, it is critical to ask whether CBO’s approach fully captures the likely impacts of potential tariffs.
Click here to view the report.
This study assesses the likely consumer impacts of 10%-20% universal tariff on all imports – plus an additional 60%-100% tariffs on imports from China – on selected consumer products including apparel, toys, furniture, household appliances, footwear, and travel goods. Prepared by Trade Partnership Worldwide on behalf of the National Retail Federation.
Click here to access the report. (Click here to access a similar report on select consumer technology products.)
This report shows the importance of trade and investment to the US economy and to each of the 50 US states. Prepared by the staff of Trade Partnership Worldwide, LLC, the reports use data from our CDxports database as well as other sources.
View a sample report or the Chamber’s interactive map for all states.
How The Proposed Trump Tariffs Increase Prices for Consumer Technology Products (2025)
This study assesses the likely consumer impacts of a 10%-20% universal tariff on all imports – plus an additional 60%-100% tariffs on imports from China – on selected consumer electronics including smart phones, laptops, tablets and TVs, among others. Prepared by Trade Partnership Worldwide on behalf of the Consumer Technology Association (CTA).
Click here to access the report from CTA. (Click here to access a similar report on select consumer products.)
Trade Partnership Worldwide Senior Fellow Joseph Francois and Robert Koopman, both former Directors of the USITC Office of Economics, explain why a recent study suggesting a 10% universal tariff would benefit the United States “is not only misguided, but also intentionally misleading and would not find support in a serious economics journal.”
Click here to download the paper.
For a new report published by the US-China Business Council, Trade Partnership Worldwide produced one-pagers highlighting the growing importance of exports to China for all 50 states and all 436 congressional districts. The reports utilize goods and services export data from our CDxports database.
Click here to download a copy of the report.
This report describes the importance of digital trade to the US economy and to each of the 50 US states. Prepared by the staff of Trade Partnership Worldwide, LLC and the U.S. Chamber of Commerce and initially issued in 2021, it has been updated to provide data and analysis through 2023.
Trade Partnership Worldwide provided new 2022 data, and revised historical data, for the Brookings Institution’s interactive USMCA Tracker. The database estimates subnational goods exports and related jobs for trade between the United States, Mexico, and Canada. The U.S. state data relies on our CDxjobs and CDxports databases. Jobs data for Mexican states and Canadian provinces were estimated by applying a similar methodology to national and international data sources. Users can select country, state or province, trading partner, year, and level of product detail based on the Harmonized Schedule.
This study assesses the likely impacts of the revocation of “permanent normal trade relations” for China, which would raise tariffs significantly on all goods imported from China. The study focuses on the consumer impacts on selected consumer electronics, including smart phones, laptops, tablets and TVs. Prepared by Trade Partnership Worldwide on behalf of the Consumer Technology Association.
Click
here to view the press release.
