{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Chart 14: US tariffs have decreased from their peak in 2025",
        "description": "Estimated increases to weighted average tariff rates on imported goods since the start of 2025\n\nNote: To highlight changes reflecting the dramatic shift in US trade policy, the chart presents the marginal change in tariff rates since the start of 2025 rather than current tariff levels. Calculating tariff levels from other countries on the United States before 2025 is challenging due to data limitations.\n\nSources: United States Census Bureau and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=252550"
    },
    "seriesDetail": {
        "MPR_2026M04_TARIFF_PLACEMAT_S1": {
            "label": "Lower range of the scenarios in the July 2025 Report",
            "description": "Lower range of the scenarios in the July 2025 Report",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "MPR_2026M04_TARIFF_PLACEMAT_S2": {
            "label": "Upper range of the scenarios in the July 2025 Report",
            "description": "Upper range of the scenarios in the July 2025 Report",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "MPR_2026M04_TARIFF_PLACEMAT_S3": {
            "label": "January Report",
            "description": "January Report",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "MPR_2026M04_TARIFF_PLACEMAT_S4": {
            "label": "April Report",
            "description": "April Report",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        }
    },
    "observations": [
        {
            "k": "United States on the world",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "8"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "26"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "12"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "9"
            }
        },
        {
            "k": "World on the United States",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "0"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "10"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "1"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "1"
            }
        },
        {
            "k": "United States on China",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "24"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "55"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "23"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "11"
            }
        },
        {
            "k": "China on the United States",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "1"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "28"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "11"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "11"
            }
        },
        {
            "k": "United States on Canada",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "2"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "12"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "6"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "5"
            }
        },
        {
            "k": "Canada on the United States",
            "MPR_2026M04_TARIFF_PLACEMAT_S1": {
                "v": "0"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S2": {
                "v": "4"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S3": {
                "v": "1"
            },
            "MPR_2026M04_TARIFF_PLACEMAT_S4": {
                "v": "1"
            }
        }
    ]
}