{"id":1417,"date":"2026-01-04T13:43:00","date_gmt":"2026-01-04T12:43:00","guid":{"rendered":"https:\/\/stefan.schleicher.at\/?p=1417"},"modified":"2026-01-06T13:46:07","modified_gmt":"2026-01-06T12:46:07","slug":"why-havent-trumps-tariffs-had-a-bigger-impact","status":"publish","type":"post","link":"https:\/\/stefan.schleicher.at\/index.php\/2026\/01\/04\/why-havent-trumps-tariffs-had-a-bigger-impact\/","title":{"rendered":"Why Haven\u2019t Trump\u2019s Tariffs Had a Bigger Impact?"},"content":{"rendered":"\n<p>In 2025, statutory tariff rates on U.S. imports rose to levels not seen in over one hundred years. This working paper shows that the tariff rate importers have paid is significantly lower than the tariff figures that Mr. Trump announced. The reasons include exemptions for specific countries and industries, rates that were lowered for some goods by the time they arrived in the U.S. and evasion of the rules by some companies.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nytimes.com\/2026\/01\/03\/business\/economy\/trump-tariffs-prices-impact.html\" target=\"_blank\" rel=\"noreferrer noopener\">The New York Times<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/bfi.uchicago.edu\/working-papers\/the-incidence-of-tariffs-rates-and-reality\/\" data-type=\"link\" data-id=\"https:\/\/bfi.uchicago.edu\/working-papers\/the-incidence-of-tariffs-rates-and-reality\/\" target=\"_blank\" rel=\"noreferrer noopener\">Working Paper: The Incidence of Tariffs: Rates and Reality<\/a><br><br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2025, statutory tariff rates on U.S. imports rose to levels not seen in over one hundred years. This working paper shows that the tariff rate importers have paid is significantly lower than the tariff figures that Mr. Trump announced. The reasons include exemptions for specific countries and industries, rates that were lowered for some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1417","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/1417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/comments?post=1417"}],"version-history":[{"count":1,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/1417\/revisions"}],"predecessor-version":[{"id":1419,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/posts\/1417\/revisions\/1419"}],"wp:attachment":[{"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/media?parent=1417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/categories?post=1417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stefan.schleicher.at\/index.php\/wp-json\/wp\/v2\/tags?post=1417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}