Uncertainty Regarding Trade Policy Remains High

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

Trade policy uncertainty remains elevated as EPU and TPU indices signal significant market volatility. The launch of new Section 301 investigations further complicates the outlook for global trade and investor sentiment.

Most recent data (last available Caldara et al. TPU at 3/6):

Figure 1: EPU-trade (blue, left scale), TPU (red, right scale). Source: policyuncertainty.com and TPU.

Section 301 investigations announced the day before yesterday.

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