IEM Lab Innovations in Economic Measurement All projects ↗

Trade policy · Real-time prices

Tariff
Tracker II

A high-frequency view of how the 2026 tariff cycle moves through prices, countries, and sectors.

Explore the signal ↓ Interface preview
By Alberto Cavallo and Franco VazquezInnovations in Economic Measurement Lab
Data status

The imported/domestic and major-origins charts use the latest published research exports. Sector values and the policy timeline remain demonstration data and are not research findings.

01 / Research papers

The research
behind the tracker.

The tracker extends two studies of how tariffs reach retail prices in the United States and Canada.

01

Conditionally Accepted · American Economic Review: Insights

Tracking the Short-Run Price Impact of U.S. Tariffs

Alberto Cavallo · Paola Llamas · Franco M. Vazquez

Read paper ↗
02

Forthcoming · Journal of Monetary Economics

The Price Impact of Canadian Retaliatory Tariffs

Alberto Cavallo · Olena Kostyshyna · Oleksiy Kryvtsov · Matías Vieyra

Read paper ↗

02 / Latest signal

Prices since the
tariff cycle began.

Imported/domestic data through—

Imported goods

—from index base

Domestic goods

—from index base

Import gap

—versus pre-tariff trend

Products observed

—prototype coverage

Daily price indices

Imported and domestic goods

ImportedImported trendDomesticDomestic trend

Source: Cavallo & Vazquez · Download CSV

Latest observation

03 / Country lens

Where pressure is
most visible.

Compare daily price indices across major countries of origin using the latest published research export.

Daily price indices

Major origins

Index · 03/04/2025 = 1

04 / Recent tariffs

Canada–U.S.
tariff tension.

A focused view of Canadian-origin goods on the recent tariff list, other Canadian goods, and the same product codes sourced from other countries.

Daily price indices

Canadian goods and comparison groups

Data through—

Index normalized to August 21, 2026 = 1 · Download CSV

Source: Cavallo & Vazquez

05 / Sector lens

One shock,
uneven transmission.

A paired view makes the imported–domestic difference visible without turning the analysis into a dense table.

Price change

Imported versus domestic

ImportedDomestic

06 / Methodology & data

Built to be updated,
audited, and reused.

01

Observe

Collect high-frequency product prices and match stable product identifiers over time.

02

Classify

Use product metadata and AI-assisted inference to identify origin, sector, and tariff exposure.

03

Measure

Construct transparent matched-model indices and compare them with pre-tariff trends.

04

Publish

Release versioned chart data and metadata alongside every update.