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    "abstract": [
        "<p>In March, we introduced a benchmark measure of the average effective tariff rate (AETR), using detailed trade data for 2024. We subsequently updated this analysis to reflect the tariff announcements on April 2 (commonly referred to as \"Liberation Day\") and April 9. This article provides another update by incorporating recent court decisions involving these tariff announcements as well as trade agreements with the U.K. and China, described later in this article in more detail.<\/p>"
    ],
    "language": [
        "eng"
    ],
    "titleInfo": [
        {
            "title": "Tariff Update",
            "subTitle": "Incorporating Recent Decisions and Deals",
            "titlePartNumber": "No. 25-23"
        }
    ],
    "originInfo": {
        "issuance": "multipart",
        "sortDate": "2025-06-07",
        "dateIssued": "June 2025"
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    "physicalDescription": {
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        "extent": "14 pages",
        "digitalOrigin": "born digital",
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    "location": {
        "url": [
            "https:\/\/fraser.stlouisfed.org\/title\/economic-brief-6034\/tariff-update-687707"
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            "https:\/\/fraser.stlouisfed.org\/files\/text\/historical\/frbrich\/econbrief\/frbrich_eb_25-23.txt"
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                    "title": "Economic Brief "
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