Trump tariffs could climb even further—to the highest since 1872—before they ease again as a cycle of retaliation and escalation plays out

Quick Summary:

UBS said the effective US tariff rate could go as high as 30%, up from 25% under Trump's latest plans.

UBS expects the effective US tariff rate will peak in the 25%-30% range.

On Wednesday, Trump added a 34% levy on China that will take the total rate to 54% and hit the European Union with a 20% duty.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United StatesChina

Topics: Economy Donald Trump Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 22:54:01 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 125 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27633063

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Official Website: fortune.com

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