Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
JPMorgan Chase: Trump's New Tariff Will Raise US Effective Tax Rate to 14.6%
By: theblockbeats.news|2025/07/09 23:51:18
0
Share
BlockBeats News, July 9th: J.P. Morgan economists Michael Feroli and Abel Reinhard released their latest research report, estimating that following Trump's announcement this week to impose tariffs on 14 countries starting on August 1st, the average tariff rate in the United States will rise from the previous 13.4% to 14.6%. According to independent analysis from Deutsche Bank, the new average tariff rate could exceed 18%. Furthermore, J.P. Morgan also pointed out that if Trump continues to advance other potential trade measures, such as reinstating the reciprocal tariffs proposed in April against other countries, adding new tariffs on copper products, or imposing tariffs on BRICS countries, the overall average tariff rate in the United States could further increase by up to 6 percentage points. (FX678)
You may also like
Under-the-Radar Middle Eastern Player Set to Be the Star of the 2026 World Cup Prediction Market?
ADI Predictstreet is the Official Prediction Market Partner of the FIFA World Cup 2026.
Turn AI into an individual execution system, Claude's latest Managed Agents Best Practices Guide
From Calling to Hosting, Turning AI from a Tool into a Sustainable Execution System
Why Is the US-Iran Ceasefire Doomed to Fail?
Both parties prioritize the power within the contract
A Climbing Gym Owner's 30-Day AI Journey
No Layoffs, Managing Organization Size with AI
Today's Release | Full Lineup of Guest Demos at "Super Creator Live"
In the age of the AI wave, how should we define the expression belonging to this era?
Crypto OG, why has the Hermes Agent emerged as the top challenger to OpenClaw?
Two growth curves are rising simultaneously, but what is rising is completely different.
Kalshi's eight-year entrepreneurial history: A boxer in a suit steps onto the stage
If you know where to go, the whole world will make way for you.
Once you're over 25, you're already too old to be playing with meme coins.
Pump.fun, the world's largest 24-hour online esports platform
Four New Frontlines Post Ceasefire | Rewire News Daily Brief
Rate Cut Window Pushed Beyond Year End
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
When you stretch the numbers and do the math, the answer turns out to be unexpectedly small
When No One on the Team Wants to Sell: The Valuation Game at Anthropic Enters the “Seller Disappearance” Stage
Anthropic's stock, priced at $350 billion, some want to buy but can't buy enough, some can sell but unwilling to sell.
Anthropic's new product, powerful enough to make the AI Agent Infrastructure team unemployed?
All-inclusive infrastructure, pay-as-you-go pricing, a cloud-based AI agent working for you 24/7.
Trump Admin's $950 Million Bet on Oil Price Plunge Before Ceasefire Turned Crude Market into Insider Trading Heaven
19:45 GMT is a tricky timepoint
Why Did Trump Take the US into War with Iran?
Here is the inside story of how he made this key decision
From Threat to Ceasefire: How Did the U.S. Lose Its Dominance?
A war that cannot be won must be negotiated.
How long can the Ethereum ecosystem survive after the launch of Mythos?
AI dimensionality reduction strikes Ethereum, Mythos instantly breaches cross-contract vulnerabilities rendering traditional audits ineffective, and $68 billion in locked funds faces a life-and-death test of "defensive vacuum."
Morning News | Yi Lihua establishes AI fund OpenX Labs; Pharos Network completes $44 million Series A financing; Iran demands that Hormuz tankers pay Bitcoin as tolls
Overview of Important Market Events on April 8th
Ray Dalio's new article: The world is entering a war cycle
We are in a world war that will not end in the short term.
Under-the-Radar Middle Eastern Player Set to Be the Star of the 2026 World Cup Prediction Market?
ADI Predictstreet is the Official Prediction Market Partner of the FIFA World Cup 2026.
Turn AI into an individual execution system, Claude's latest Managed Agents Best Practices Guide
From Calling to Hosting, Turning AI from a Tool into a Sustainable Execution System
Why Is the US-Iran Ceasefire Doomed to Fail?
Both parties prioritize the power within the contract
A Climbing Gym Owner's 30-Day AI Journey
No Layoffs, Managing Organization Size with AI
Today's Release | Full Lineup of Guest Demos at "Super Creator Live"
In the age of the AI wave, how should we define the expression belonging to this era?
Crypto OG, why has the Hermes Agent emerged as the top challenger to OpenClaw?
Two growth curves are rising simultaneously, but what is rising is completely different.
App