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 week
- figure includes the 10% baseline tariff plus added duties on items like cars, steel, and aluminum
- still below the level that would have resulted from Trump’s earlier "Liberation Day" tariff plan in April ...could have pushed above 22%
