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Modelling the Economic Impact of US Tariffs on Scotland and the rest of the World

US tariff increases are expected to have a significant impact on the global economy. The Scottish Government's Office of the Chief Economic Adviser (OCEA) has carried out detailed trade modelling based on the structural gravity framework using our in-house Scotland-specific model.
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caithness-business.co.uk broke the news in on Saturday, July 12, 2025.
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