So we should be very clear, all of these rates are an increase from what Americans have been paying since April. This president has raised average tariffs from 2.5% to more than 17%, the highest level since the Great Depression. Again and again, he is adding costs to American families and businesses. And what are these costs for? They're to finance tax cuts for the wealthiest Americans for the biggest corporations. (15:47–15:59)
CLAIM
Asserts that average tariffs have increased from 2.5% to over 17%, the highest since the Great Depression.
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