Tariff Tracker
Tracking the Short-Run Effects of Tariffs on Consumer Prices: Tariffs on imports can raise consumer prices, but the extent and timing of that impact vary. Costs can be absorbed by foreign exporters, domestic firms, or passed through to consumers at the retail level.
In our new study—Tracking the Short-Run Price Impact of U.S. Tariffs (Cavallo, Llamas, Vazquez, 2026)—we examine the effects of the 2025 tariff measures in real time using high-frequency pricing data and product-level detail.
Data and Methodology
To measure the impact of the 2025 tariffs, we construct daily price indices using online data from five major U.S. retailers. We use an unweighted matched-model approach, tracking products over time and chaining geometric averages of daily price relatives within each group.
Imported and Domestic
Daily price indices for goods classified as domestic or imported, normalized to 100 at the initial observation date.
By Country of Origin
Main Trading Partners
Other Countries
| Country | Price Change | vs. Trend | Applied Tariff | Statutory Tariff |
|---|
By Sector
Main Categories
| Category | All | Imports | Domestic | All vs. Trend | Imports vs. Trend | Domestic vs. Trend |
|---|
More Detailed Categories
| Category | All vs. Trend | Imports vs. Trend | Domestic vs. Trend |
|---|
Cheap vs Premium Varieties
Daily price indices for imported products across price tiers defined before the tariffs were implemented.