$1500 per household tax
Macro ImpactShort
Average tax increase $1500 per US household 2026
Source: TaxFoundation
$166B refunds required
Court RulingsMulti
$166B IEEPA collections to be refunded
Source: Wikipedia
$697B revenue 10y net
Macro ImpactMulti
Tariffs raise $697B over decade after eco effects
Source: TaxFoundation
10% baseline universal tariff
Liberation DayMulti
10% baseline tariff all countries
Source: NPR
2025 stock market crash
Liberation DayShort
April 2025 stock market crash from tariffs
Source: Wikipedia
25% aluminum Section 232
SectoralMulti
Section 232 25% aluminum tariffs
Source: Wikipedia
25% autos and parts April 3
SectoralMulti
April 3 2025 25% autos+parts
Source: Wikipedia
25% steel tariffs Section 232
SectoralMulti
Section 232 25% steel tariffs
Source: Wikipedia
330000 businesses refund
Court RulingsMulti
330K businesses refund process
Source: Wikipedia
Americans bear 94% tariff cost
Macro ImpactShort
Americans 94% of tariff incidence Aug 2025
Source: CFR
Apple $500B US investment
InvestmentsLong
Apple $500B US investment commit
Source: encyclopedia
April 2 2025 Liberation Day
Liberation DayMulti
Trump signed EO 14257 on April 2 2025
Source: Wikipedia
April 9 90-day pause
Liberation DayMulti
April 9 2025 - 90-day pause for non-China
Source: Wikipedia
August 12 truce expiration
China WarMulti
Aug 12 2025 China truce expired
Source: Wikipedia
Average rate spiked 22.5%
Liberation DayMulti
Avg effective tariff rate hit 22.5% post-LD
Source: CFR
Bessent tariff negotiator
ReactionsMulti
Bessent supported tariffs as negotiation tool
Source: Wikipedia
Bond vigilantism
Liberation DayShort
Bond vigilantism - yields surged April 9
Source: Wikipedia
CAPE refund portal April 2026
Court RulingsMulti
CBP CAPE portal for refunds April 2026
Source: Wikipedia
Canada Mexico exempt initial
USMCAMulti
USMCA partners initially exempt
Source: CSIS
Canada retaliation
ReactionsMulti
Canada retaliated tariffs
Source: encyclopedia
Canada steel/alum 50% tariffs later
USMCAMulti
Canada later hit with steel + aluminum
Source: encyclopedia
China $1.2T trade surplus 2025
China WarLong
China record $1.2T trade surplus 2025
Source: Axios
China rare-earth export curbs
ReactionsMulti
China rare-earth export curbs
Source: encyclopedia
China retaliated 125%
China WarShort
China retaliated 125% on US goods
Source: Wikipedia
Consumer confidence dropped
SentimentShort
US consumer confidence dropped 2025
Source: encyclopedia
Copper tariffs planned
SectoralMulti
Copper tariffs planned separately
Source: CSIS
Court of International Trade May 2025
Court RulingsMulti
CIT ruled IEEPA tariffs illegal May 2025
Source: Wikipedia
Customs $264B 2025 collected
Macro ImpactMulti
$264B customs duties 2025 vs $79B 2024
Source: TaxFoundation
De-minimis closed China
China WarMulti
De-minimis loophole closed for China imports
Source: Wikipedia
EO 14257 reciprocal tariffs
Liberation DayMulti
EO 14257 Reciprocal Tariff order
Source: Wikipedia
EU deal
Trade DealsMulti
EU trade deal 2025
Source: Wikipedia
EU retaliation 25% tariffs
ReactionsMulti
EU retaliated with 25% tariffs
Source: encyclopedia
Foreign exporters 6% pass-through
Macro ImpactMulti
Foreign exporters only 6% incidence
Source: CFR
Foreign investors hesitant
SentimentShort
Foreign investors hesitating despite pledges
Source: CFR
GDP -0.3% long run
Macro ImpactShort
Section 232 -0.3% long-run GDP
Source: TaxFoundation
Goods deficit narrowed slightly
SentimentMulti
Goods deficit slightly narrowed 2025
Source: TaxFoundation
Hassett individualized rates
ReactionsMulti
Hassett pushed individualized country rates
Source: Wikipedia
Higher inflation expectations
SentimentShort
Inflation expectations rising survey
Source: encyclopedia
Higher reciprocal 57 countries
Liberation DayMulti
57 countries higher reciprocal rates
Source: Wikipedia
Highest since 1909 levels
Liberation DayMulti
Highest tariffs since 1909
Source: CFR
IEEPA emergency invocation
Liberation DayMulti
IEEPA invoked for tariff emergency
Source: Wikipedia
Indonesia deal
Trade DealsMulti
Indonesia trade deal 2025
Source: Wikipedia
Inflation +0.5-0.75% effect
Macro ImpactShort
Tariffs added 0.5-0.75% inflation
Source: CFR
Intel Ohio fab expansion
InvestmentsMulti
Intel Ohio fab expansion
Source: encyclopedia
JD Vance tie-breaking Senate
ReactionsMulti
JD Vance tie-broke for emergency upholding
Source: Wikipedia
Japan deal
Trade DealsMulti
Japan trade deal 2025
Source: Wikipedia
Learning Resources v Trump
Court RulingsMulti
Learning Resources Inc v Trump case
Source: Wikipedia
Lesson - reshoring slow
LessonsMulti
Lesson - reshoring takes years not months
Source: CFR
Lesson - retaliation reduces revenue
LessonsShort
Lesson - retaliation reduces tariff revenue
Source: encyclopedia
Lesson - tariffs hit consumer
LessonsShort
Lesson - tariffs hit US consumers most
Source: CFR
Long Bitcoin alternative
StrategyLong
BTC alt to USD/sov debt
Source: encyclopedia
Long India alt-China
StrategyLong
India alt-China beneficiary
Source: encyclopedia
Long Mexico re-shoring beneficiary
StrategyLong
Mexico re-shoring beneficiary
Source: encyclopedia
Long Vietnam alt-China
StrategyLong
Vietnam alt-China beneficiary
Source: encyclopedia
Long bonds inflation expectation
StrategyMulti
Inflation breakevens trade
Source: encyclopedia
Long defense tariff-protected
StrategyLong
Defense / aerospace less impacted
Source: encyclopedia
Long defensive sectors
StrategyLong
Defensive sectors hold up - utilities staples
Source: encyclopedia
Long domestic manufacturers
StrategyLong
Long domestic protected manufacturers
Source: encyclopedia
Long gold tariff/dollar hedge
StrategyLong
Gold hedges tariff inflation + USD volatility
Source: encyclopedia
Long volatility premium
StrategyMulti
Long vol on tariff uncertainty premium
Source: encyclopedia
Lumber tariffs planned
SectoralMulti
Lumber tariffs planned
Source: CSIS
Lutnick Commerce Secretary
ReactionsMulti
Lutnick led design of reciprocal tariffs
Source: Wikipedia
Manufacturing -89000 jobs
Macro ImpactShort
US manufacturing -89K jobs in 10 months
Source: Axios
Manufacturing PMI mixed
SentimentMulti
US Mfg PMI mixed - tariff effect partial
Source: encyclopedia
Mexico fentanyl-related tariffs
USMCAMulti
Mexico tariffs partly fentanyl-justified
Source: encyclopedia
Navarro 25% global preferred
ReactionsMulti
Navarro had pushed 25% global tariff
Source: Wikipedia
Pharmaceuticals planned
SectoralMulti
Pharma tariffs planned separately
Source: CSIS
Philippines deal
Trade DealsMulti
Philippines trade deal 2025
Source: Wikipedia
Rare-earth export controls
China WarMulti
China retaliated rare-earth export controls
Source: encyclopedia
Re-routed exports SE Asia
China WarMulti
China re-routed exports via SE Asia
Source: Axios
Recession fears risk premium
SentimentShort
Recession fears + risk-premium up
Source: encyclopedia
Reshoring slow take-off
Macro ImpactMulti
Only 10% of execs taking reshoring action
Source: CFR
Samsung Texas fab
InvestmentsMulti
Samsung TX fab continued investment
Source: encyclopedia
Section 122 reactivation
Court RulingsMulti
Trump replaced w Section 122 10% 150 days
Source: Wikipedia
Section 232 maintained
Court RulingsMulti
Section 232 sectoral tariffs maintained
Source: Wikipedia
Semiconductors planned
SectoralMulti
Chip tariffs planned separately
Source: CSIS
Short EM with high US-export exposure
StrategyShort
Short EMs with high US-export concentration
Source: encyclopedia
Short USD weakening surprise
StrategyShort
USD weakening with tariff news
Source: encyclopedia
Short retail discretionary
StrategyShort
Short retail discretionary on margin pressure
Source: encyclopedia
Short tariff-exposed importers
StrategyShort
Short retail importers (Five Below Dollar Tree)
Source: encyclopedia
Smoot-Hawley parallel
Liberation DayShort
Smoot-Hawley 1930 parallel concerns
Source: CSIS
South Korea deal
Trade DealsMulti
Korea trade deal 2025
Source: Wikipedia
Stellantis US capacity returns
InvestmentsMulti
Stellantis returning capacity to US
Source: encyclopedia
Supreme Court Feb 2026 6-3
Court RulingsMulti
SCOTUS 6-3 IEEPA illegal Feb 2026
Source: Wikipedia
TSMC Arizona expansion
InvestmentsLong
TSMC AZ expansion accelerated
Source: encyclopedia
Tariff trade tracking model
StrategyMulti
Track 50+ tariff policy changes
Source: Axios
Trade balance only -$2B 2025
SentimentMulti
Trade balance minimally improved $2B 2025
Source: TaxFoundation
UK deal first 2025
Trade DealsMulti
UK first deal post-LD
Source: Wikipedia
US largest tax hike 1993
Macro ImpactShort
Largest US tax hike % of GDP since 1993
Source: TaxFoundation
US manufacturing capex
InvestmentsLong
Trillions in announced US manufacturing investment
Source: Axios
US tariff China 145% peak
China WarShort
US tariff on China peaked at 145%
Source: Wikipedia
USD weakness post-LD
Liberation DayShort
USD declined unusually with risk-off
Source: Wikipedia
USMCA review July 2026
USMCAMulti
USMCA scheduled review July 2026
Source: encyclopedia
V.O.S. Selections case
Court RulingsMulti
V.O.S. Selections case consolidated
Source: Wikipedia
VIX elevated tariff news
SentimentShort
VIX spikes on tariff headlines
Source: encyclopedia
Vietnam deal
Trade DealsMulti
Vietnam trade deal 2025
Source: Wikipedia
WTO disputes filed
ReactionsMulti
Several countries filed WTO disputes
Source: Wikipedia
WTO suspension US contributions
Macro ImpactMulti
US suspended WTO contributions Mar 2025
Source: Wikipedia
Yale Budget Lab 76% pass-through
Macro ImpactMulti
Pass-through to consumers 76% by year-end
Source: CFR
Yale Budget Lab daily tracker
StrategyMulti
Yale Budget Lab daily tariff tracker
Source: Axios
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.