Wall Street Journal (gated): Latest Trump threats could lift tariff rate closer to 20%, Deutsche Bank
In brief on the estimates from Deutsche Bank:
New tariff threats from Trump this week could lift the U.S. average tariff rate to around 18.7%, up from about 17% last weekfigure includes the 10% baseline tariff plus added duties on items like cars, steel, and aluminumstill below the level that would have resulted from Trump’s earlier “Liberation Day” tariff plan in April …could have pushed above 22%
This article was written by Eamonn Sheridan at www.forexlive.com.