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Express News | US Treasury Secretary Bessent Says U.S.-China Trade Embargo to End in the Very Near Future
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How high are the current tariffs in the USA? Economists, who are almost driven crazy by Trump, have done the math!
According to recent estimates from industry insiders, the effective tariff rate imposed by the Trump administration on all imports into the USA has now reached between 22% and 27%; The top end of this range (27%) would push the USA's effective tariff rate beyond the level seen in 1903. Even at the lower end (22%), tariffs would reach the highest level since 1910.
Electronics Exemption Trims U.S. Tariff Rate -- WSJ
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