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- Claim Text
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With Mr. Trump’s actions on Thursday, the U.S. effective tariff rate now exceeds 18 percent, the highest level since 1934, according to an estimate earlier this month by the Budget Lab at Yale.
- Simplified Text
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U.S. effective tariff rate now exceeds 18 percent highest level since 1934 according to Yale Budget Lab.
- Confidence Score
- 0.900
- Claim Maker
- Budget Lab at Yale
- Context Type
- News Article
- Context Details
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{ "date": "2025-08-07", "year": "1934", "person": "Donald Trump", "tariff_rate": "18%", "organization": "Budget Lab at Yale" } - UUID
- 9fdae193-cd05-438e-954a-0f7e8d701a3d
- Vector Index
- ✗ No vector
- Created
- September 11, 2025 at 8:59 PM (3 days ago)
- Last Updated
- September 11, 2025 at 8:59 PM (3 days ago)
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3 days ago
https://www.nytimes.com/2025/08/07/business/economy/trump-tariffs-trade-war.html
President Trump's new tariffs on 90 countries took effect, raising concerns globally. The move is expected to increase prices for American consumers and impact global economies. Experts warn of potential economic shocks.
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