And so what does this all mean in terms of an actual tariff rate? It means that total tariffs average about 18% right now. Back at the beginning of this year, [tariffs] were at 2.4%. 18%. That's the highest since the Great Depression. So you may ask, how did the President start imposing all these tariffs? Well, he's taken a law that's literally over 50 years old. (02:01–02:06)
CLAIM
Asserts that tariffs were at 2.4% at the beginning of the year.
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