The average U.S. tariff rate remains the highest since 1934

According to a report by Jinse Finance, substantial progress has been made in high-level Sino-US trade talks, and the market has responded positively. However, according to the US media "Consumer News and Business Channel," due to the recent imposition of tariffs on almost all trade partners by the US for various reasons, research institutions estimate that the average US tariff rate remains as high as 17.8%, the highest since 1934.