After UK and China trade deals, tariff rate still highest since 1934, Yale report says

Key Points

The average effective tariff rate on imports is 17.8%, the highest since 1934, even after trade deals reached with China and the U.K. in recent days, according to the Yale Budget Lab.
Levies that President Trump placed on other products and countries still remain, including a 10% tariff on almost all trading partners.

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