{
  "_stub": true,
  "_description": "Tariff announcements, rates, and market reactions (2025-2026)",
  "_sources": [
    "Tax Foundation: https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/",
    "J.P. Morgan: https://www.jpmorgan.com/insights/global-research/current-events/us-tariffs",
    "Goldman Sachs: https://www.goldmansachs.com/insights/articles/us-earnings-will-start-to-show-the-impact-of-trumps-tariffs"
  ],
  "_fields": {
    "date": "ISO date of announcement/implementation",
    "action": "announced | implemented | paused | escalated | reduced",
    "target": "Country or product category",
    "rate_pct": "Tariff rate as percentage",
    "prior_rate_pct": "Previous rate for comparison",
    "sp500_1d_reaction": "S&P 500 one-day percentage change",
    "notes": "Context"
  },
  "_key_numbers": {
    "weighted_avg_tariff": 13.5,
    "effective_tariff_rate": 9.9,
    "highest_since_year": 1946,
    "household_cost_2025": 1000,
    "household_cost_2026": 1300,
    "revenue_10yr_projected_trillions": 2.0,
    "gdp_impact_pct": -0.5,
    "consumer_burden_pct": 67,
    "company_burden_pct": 15,
    "foreign_exporter_burden_pct": 18,
    "liberation_day": "2025-04-02",
    "sp500_peak_to_trough_pct": -20,
    "sp500_trough_date": "2025-04-08",
    "sp500_trough_to_recovery_pct": 40,
    "pharma_tariff_threat": "200% by mid-2026",
    "supreme_court_ruling_expected": "early 2026"
  },
  "data": []
}
