#TrumpTariffs

Trump's tariffs have been a significant point of discussion in his administration. Here's what you need to know ¹:

- *Average Effective US Tariff Rate*: As of January 2025, the average effective US tariff rate was 2.5%. However, with Trump's policies, it's estimated to have risen to around 27%, the highest level in recent years.

- *Impact on Trade*: The increased tariffs are expected to have far-reaching implications for international trade, potentially affecting various industries and economies worldwide.

- *Trade Policy Shift*: Trump's approach to tariffs reflects a shift towards protectionism, aiming to protect domestic industries and jobs.

Keep in mind that these developments are recent, and the situation may continue to evolve. For the latest updates and analysis, it's best to follow reputable news sources and trade policy updates.