Imported goods cost 5% more than pre-tariff trends predicted

Tweet from Alberto Cavallo of Harvard Business School.

"US tariffs update: Imported goods cost 5% more, domestic goods 3% more than pre-tariff trends predicted. Data now runs through Aug 8 — and we push the history back to Jan 1, 2024 (Appendix), showing a full year of stability before tariffs broke the trend. http://pricinglab.org/tariff-tracker"