PANews August 9 news, according to Jin Ten reports, the tariff tracking tool jointly developed by the World Trade Organization and the International Monetary Fund shows that as of the 7th, the trade-weighted average tariff rate for all products in the United States has risen to 20.11%, significantly higher than the 2.44% at the beginning of the year. Data shows that the simple average tariff rate for all goods in the United States has risen from 2.08% at the beginning of the year to 17.39% on the 7th. The global trade affected has skyrocketed from $288.46 billion at the beginning of the year to the current $2.747 trillion. A report released by Yale University's Budget Laboratory, which has long tracked the impact of U.S. tariff policies, shows that as U.S. tariff policies are further adjusted, the average effective tariff rate has now reached 18.6%, the highest level since 1933.