Yikes, Trade And Economic Policy Uncertainty

First, overall (news-based) economic policy uncertainty:

Figure 1: Economic Policy Uncertainty index (blue), and centered seven day moving average (red). Source: policyuncertainty.com accessed 6/11, and author’s calculations.

Second, how the trade policy component has jumped in the Trump era.

Figure 2: Economic Policy Uncertainty index (blue), and trade policy categorical index (dark red), through March 2018. Source: policyuncertainty.com accessed 6/11.