U.S. Imports Slid in June on Higher Tariffs

Tariffs are back… bigger and better than ever

In 2025, the U.S. enacted the most significant trade policy shift in decades, with average tariffs rising from roughly 2.4 per cent in January to approximately 18–20 per cent by August, levels not seen since the 1930s. In some cases, duties on Chinese imports have exceeded 50 per cent, marking a sharp departure from the stable global trade arrangements of recent decades. This week, on 11 August, 2025, the U.S. president signed an executive order…

U.S. Imports Slid in June on Higher Tariffs

U.S. Imports Slid in June on Higher Tariffs sthyberg Mon, 08/11/2025 - 12:12 In the Media Dyson College of Arts and Science Dyson Economics Professor Mark Weinstock speaks with The New York Times about the economic impact of rising U.S. tariffs. He warned that tariff increases could shrink competitiveness, reduce profitability, and limit growth opportunities for U.S. firms, saying, “Tariffs will not make America great again.” https://www.nyti…