SPECIAL REPORT:  

The levying of tariffs could result in a bevy of economic scenarios – each offering differing adversities for the near-term health of the economy. 

To simplify and better generalize the risks, PCA identifies three distinct scenarios and recognizes that shades exist between the scenarios.  The scenarios include: 1) No Significant Retaliation; 2) Limited Retaliation; and 3) Global Trade War.

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