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The data for this exercise are available through the St. Louis Federal Reserve Bank at
https://fred.stlouisfed.org/series/WTB3MS.
At the beginning of chapter 8, the events of May 1995, when the United States considered putting tariffs on imports of luxury cars from Japan. Specifically, on May 16, 1995, U.S. Trade Representative Mickey Kantor, announced that the United States would impose trade sanctions against Japan, targeting 13 Japanese import vehicles for 100-percent tariffs valued at $5.9 billion annually. Those targeted vehicles included all Lexus models and several Acura and Infiniti models.
To determine how U.S. interest rates reacted to this announcement, use the FRED database at the link referenced above and choose the weekly format.
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