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

cnbc.com/2025/05/12/after-uk-china-trade-deals-tariff-rate-still-highest-since-1934-yale.html

The tariff rate the U.S. puts on imports remains higher than any point since the 1930s, despite trade deals struck with China and the United Kingdom in recent days, according to a Yale Budget Lab report issued Monday.
The total U.S. average effective tariff rate is 17.8% — the highest…

This story appeared on cnbc.com, 2025-05-12 19:43:05.
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