Present effective US tariffs average 21 pc

 

Maersk estimates companies pay effective US import tariffs of on average 21% relative to container load, the Danish shipping group said, less than half the rate before Washington paused its sweeping tariffs in April. Maersk said in a regular global market update that at its peak, shortly after April 2, when President Donald Trump unveiled tariffs against nearly all US trading partners, the average effective rate was 54%. Its estimate was based on the group’s container-weighted effective average tariff rate metric. More than a dozen major US trading partners are rushing to reach agreements with the Trump administration by a July 9 deadline to avoid import tariffs jumping to higher levels. In April, Trump put a 90-day pause on the stiff levies he had announced just a week earlier, that sent global financial markets into a tailspin, as per a report.

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