US Effective Tariff Rate from all trading partners settles at 17-pct with July 31 duties: Fitch Ratings

Fitch Ratings has updated the U.S. Effective Tariff Rate (ETR) Monitor, its interactive tariff tool, reflecting the July 27 and July 31 announcements that set new reciprocal tariff rates for most trading partners. The U.S. effective tariff rate is now 17% — about 8 percentage points lower than our April 3, 2025, estimate when higher […]