The Fiscal and Economic Effects of the Revised April 9 Tariffs

Posted by neolthrowaway

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  1. > Current Tariff Rate: Consumers face an overall average effective tariff rate of 27%, the highest since 1903. This is only slightly different from where the effective rate was before the late-April 9 announcement. Even after consumption shifts, the average tariff rate will be 18.5%, the highest since 1933

    *Market rallies*

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