U.S. President Donald Trump's rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from the elevated levels to which his wave of levies had driven them,

President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries receive a base tariff rate of 10%, but for countries receiving more, the rates were calculated by halving a rate he displayed as “tariffs charged to the U.S.A. including currency manipulation and trade barriers.”

Donald Trump's tariff policies significantly impact US trade. New tariffs on China raise the average US tariff rate. Experts estimate the rate is highest since 1903. These tariffs affect a large portion of US imports.