"TOKYO -- Tariffs proposed by President-elect Donald Trump would drag
down U.S. gross domestic product by 1.1% in 2027 via their impact on
prices and employment, according to a Nikkei estimate.

Nikkei commissioned a study on the impact of the proposed tariffs with
the Institute of Developing Economies at the Japan External Trade
Organization and added its own analysis. The study is based on the
tariff plans announced by Trump on Nov. 25. These include a 25% duty on products from Mexico and Canada -- three-nation free trade agreement
partners -- and an additional 10% levy on Chinese goods."

https://asia.nikkei.com/Spotlight/Trump-administration/Trump-tariffs-seen-backfiring-with-1-hit-to-U.S.-GDP-Nikkei-analysis

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