Paris, Aug 8, 2025 (AFP) - Average US tariffs top 20%, back to 1910s levels: WTO and IMF

NAMPA / AFP
2025-08-08
The US tariff rate now averages 20.1 percent, the highest level since the early 1910s -- except for a brief spike earlier this year -- after new duties took effect Thursday, WTO and IMF data showed Friday. The figure, calculated by the World Trade Organization (WTO) and the International Monetary Fund (IMF), stands in contrast with the 2.4-percent rate in force at the time of President Donald Trump's inauguration on January 20. Trump's April 2 an......
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