Applied Weighted Tariffs: US vs Other Countries

Source: Torsten Sløk, Deutsche Bank, via Bloomberg



May: “If the US follows through on the latest trade war threats it will raise the overall US tariff level to 7.5%, which is higher than in many emerging markets…”

June: Others were similarly cautious. “We appear to have arrived at almost exactly the minimum positive outcome to justify financial markets’ positive sentiment.” -Andrew Jackson, head of fixed income at Hermes Investment Management.

July: ?


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