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Fitch updates U.S. effective tariff rate to 16% as more goods classify as USMCA-compliant

Fitch Ratings estimated that the overall U.S. effective tariff rate ("ETR") is 16%, down from its estimate of 17% at the beginning of the month, reflecting a marked increase in imports from Canada and ...
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U.S. effective tariff rate dips to 13.6% after trade deals, Fitch estimates

The U.S. effective tariffs rate ("ETR") fell to 13.6% from an Aug. 5 estimate of 16%, reflecting recent trade agreements with Japan, Malaysia, Thailand and South Korea, Fitch Ratings said on Wednesday ...