Nicolas Morales

@nicomorales.bsky.social

Economist working on labor, trade and immigration. University of Michigan alumni, currently at the Richmond Fed. Views are my own https://nicolasmoralesg.github.io/

Here is my attempt to systematically think through possible consequences of new Trump tariffs Suppose US imposes 20% tariff on all goods imports Effect 1: higher prices for goods imported into US. This hurts US consumers by raising living costs 1/