J.P. Morgan expects the average tariff rate in the U.S. to rise to 14.6% or higher.

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[Coin World] JPMorgan economists Michael Feroli and Abel Reinhart released their latest research report estimating that after the tariffs announced by Trump this week, which will be imposed on 14 countries starting August 1, the average tariff rate in the United States will rise from the previous 13.4% to 14.6%. According to an independent analysis by a certain bank, the new average tariff rate could exceed 18%. Furthermore, JPMorgan also pointed out that if Trump continues to push other potential trade measures, such as reinstating the reciprocal tariffs proposed in April against other countries, imposing new tariffs on copper products, or increasing tariffs on BRICS countries, the overall average tariff rate in the United States could potentially rise by as much as 6 percentage points.

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LiquidationTherapistvip
· 19h ago
Never-ending trade war? Hehe
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WinterWarmthCatvip
· 07-10 21:36
Here comes that trap again, the tax increase is really deadly.
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PositionPhobiavip
· 07-09 15:48
The trade war is back, and the US stocks are going to drop.
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Frontrunnervip
· 07-09 15:46
He's coming to pinch again, really knows how to play.
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GasFeeCriervip
· 07-09 15:45
I think Donald Trump is preparing to restart the American manufacturing model.
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MevHuntervip
· 07-09 15:45
The taste of inflation is here.
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ImpermanentSagevip
· 07-09 15:44
Can we live well without fighting a trade war?
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RektButSmilingvip
· 07-09 15:38
Here we go again, pouring the milk.
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FlashLoanLarryvip
· 07-09 15:37
dumping my bags before tariff games tank the market
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