Silver Rises Over 120% YTD 
Despite President Trump’s partial retreat on tariffs, the average U.S. effective tariff rate remains at 25.3%, the highest since 1909, according to Yale’s Budget Lab.
Even after consumers shift to alternatives, the rate will be 18.1%, highest since 1934.
Consumers can expect significant price increases: clothing prices up 58% short-term and 26% long-term, food prices rising 2.5% initially and 2.9% long-term, and new car prices increasing by about $8,700.
China now faces a total tariff rate of 145%, while most other trading partners received a temporary reduction to 10%.
