NY Fed sees costs doubling from 2018 to 2019 due to Chinese tariffs
President Donald Trump’s tariffs on China may cost the average American household hundreds of dollars.
New York Fed economists think the annual cost jumped to $831 this year from $419 from the last round of tariffs last year. They added that “higher tariffs are likely to create large economic distortions and reduce U.S. tariff revenues.”
The tariffs on Chinese goods that went into effect on May 10 — from 10% to 25%. The jump added a tax burden - how much additional money purchases of imports are costing as well as a so-called deadweight loss - meaning companies have to rely on less efficient sources for goods.
CHN in +0.95% Uptrend, advancing for three consecutive days on July 01, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CHN advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 162 cases where CHN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for CHN turned negative on July 11, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CHN broke above its upper Bollinger Band on June 23, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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