Although the event can be applied in Mira either by volume or price impact, we have elected to use the price impact as the key input. Price impact values are derived by weighting the value of exports of steel and aluminium into the US and applying respective tariffs. Only steel has been taken into account in the analysis of countries with small exports of aluminium (Brazil, South Korea, Mexico, Turkey and Japan).
|Country||% of Imports
|% of Imports
|Price Impact||US as %
A more detailed breakdown of the trade patterns can be found on the MIT OEC website.
Register for Webex: Running The Tariff Stress Scenario in Mira ABM
3 pm Monday, 5 March, 2018
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