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We’re all navigating the crosscurrents of the next leg of the tariff war, dollar positioning, and rates.

With the “Big Beautiful Bill” now signed and passed, the Trump administration’s gaze is now shifting back toward tariffs. 

The true tariff rates are ever-changing these days, and the exact number keeps fluctuating. 

That said, based on actual freight container volume transactions, we can approximate a current effective tariff rate of 21% on US imports — down from 54% at the peak of Liberation Day.

This dynamic is further muddied by the delayed effect in place for…

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