Finally updated the tariff calculations to incorporate the 50% copper tariffs, 40% tariff on Brazilian imports, and 5-31% tariff on imports from 94 countries that Trump has signed over the last 24 hours—overall tariff rates rise more than 2%, and are now 16% higher than pre-Trump
Eagle-eyed viewers may notice the impact of Mexico/Canada tariffs are significantly smaller compared to previous versions of this chart, that's because I was previously using 2024 estimates for what % of imports would be exempted as USMCA-compliant and actual data has been higher
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