US 2025 tariff impact on trade

Key Points:* The US tariffs rise to 20.11%, affecting global trade volume.

  • The highest tariff rate since 1933, impacting trade balance.
  • Trump’s policies result in significant economic shifts globally. As of August 7, 2025, the United States, under President Trump’s leadership, increased its average tariff rate on global goods to 20.11%, the highest since 1933.

This unprecedented tariff rise affects $2.747 trillion in global trade, yet shows no immediate impact on crypto markets, highlighting uncertainties in economic interplay.

Tariff Rates Hit 20.11%, Highest Since 1933

President Donald Trump is identified as the chief architect behind the 2025 tariff hikes, with the US average tariff rate now at 20.11%. This policy shift marks a stark contrast from earlier rates, with the simple average tariff rate climbing from 2.08% at the year’s start to 17.39%. The Yale Budget Lab reports the effective tariff rate at 18.6%, the highest since 1933.

This increase in tariffs reflects broader economic strategy shifts by the US government, impacting global trade volumes that have now soared to a value of about 2.75 trillion. The trade-weighted average released by monitoring institutions corroborates these sharp hikes.

Dr. Alan Blinder, Economist, Yale University, stated, “After consumption shifts, the average tariff rate will be 19.3%, the highest since 1933…. Measured pre-substitution … the overall US average effective tariff rate to 20.2%, the highest since 1911.”

Market Volatility and Economic Shifts Amid Tariff Increases

Did you know? The US last experienced tariff rates as high as today’s during the Great Depression, with similar economic policies causing widespread market disruptions that rippled across the global economy.

According to CoinMarketCap, Ethereum (ETH) remains resilient amidst these tariff changes, with a market price of $4,193.08 and a circulating supply of 120,709,102. Its 24-hour trading volume stands at 47.77 billion, with price increases of 7.70% in 24 hours and 67.05% over 90 days.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 09:38 UTC on August 9, 2025. Source: CoinMarketCap The Coincu research team suggests potential ramifications include economic pressure on volatile markets. While no direct impacts on specific crypto assets are visible now, the broader financial landscape could experience heightened uncertainty, affecting future asset valuations.

| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |

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