The average US tariff had gone above 30% after “Liberation Day” (when China was 145%) and with the 90 day delays is now ~14.5%.
1) The good news is that it’s down from the high.
2) The bad news is that its is 5x higher versus start of the yr & could still go higher after 90 day periods
Nobody knows what will happen next. We have opportunities only here and now. I'm not hodler anymore because of changes around the world.