TechFlow, August 9 — According to Jinshi Data, a tariff tracking tool jointly developed by the World Trade Organization and the International Monetary Fund shows that as of the 7th, the U.S. trade-weighted average tariff rate on all products globally has risen to 20.11%, significantly higher than the 2.44% at the beginning of the year. Data indicates that the simple average tariff rate on all goods imported into the U.S. increased from 2.08% at the start of the year to 17.39% on the 7th. The value of global trade affected has surged from $288.46 billion at the beginning of the year to $2.747 trillion currently. On the 7th, the Yale Budget Lab, which has long tracked the impact of U.S. tariff policies, released a report showing that as U.S. tariff policies continue to adjust, the current average effective tariff rate has reached 18.6%, the highest level since 1933.
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