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Trump
Growth
US effective tariff rate for Q3 2026
Above 8%
1.97
x
69
%
Above 7%
1.08
x
95
%
$10,113 vol
11 markets
Growth
US tariff revenue for 2026
Above $125 billion
1.05
x
90
%
Above $80 billion
1.03
x
90
%
$12,120 vol
7 markets