According to ChainCatcher, citing Jin Shi, the Royal Bank of Canada's BlueBay Asset Management estimates that the United States has raised the global average tariff rate to around 18%.
Mark Dowding, BlueBay's Chief Information Officer, stated in a report that based on this assumption, BlueBay anticipates the United States' annualized tariff revenue to be approximately $450 billion, with $77 billion in 2024, equivalent to 1.25% of GDP.
Dowding said: "In the coming year, this revenue should help lower the United States' fiscal deficit to slightly below 7% of GDP."




