Analysts: US tariff revenue is expected to be about $450 billion annually

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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."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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