Trump has argued that his steep new import taxes are necessary to bring back wealth that was 'stolen' from the US. But ...
This chart shows the average effective tariff rate on imports to the United States (in percent).
FILE - President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, on April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein, File) FILE - President ...