No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump tariffs could climb even further—to the highest since 1872—before they ease again as a cycle of retaliation and escalation plays out

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 2 mins read
A A
Trump tariffs could climb even further—to the highest since 1872—before they ease again as a cycle of retaliation and escalation plays out
Share on FacebookShare on TwitterShare on LInkedIn



President Donald Trump’s tariffs could reach an effective rate as high as 30%, up from 25% under his recently announced plans, according to analysts at UBS. A rate that steep would mark the highest level in more than 150 years. But after a cycle of retaliation and escalation, UBS see tariffs coming back down later this year.

President Donald Trump’s “Liberation Day” tariffs are already sending rates to the steepest levels in a century, but they could go even higher.

According to a note from UBS analysts on Friday, the latest salvo of import taxes will send the effective rate to 25%, up from 2.5% before the 2024 election. But it’s not likely to stop there.

“We believe that the EU and China are likely to retaliate, and that the ‘reciprocal’ approach to US tariffs means that retaliation by trading partners is likely to be met with even higher US tariffs,” they wrote.

In addition, some of the imports that weren’t targeted this past week may be subject to future investigations and could lose their exemptions, UBS said, noting the Trump administration has a “high degree of conviction” in the merits of restrictive trade policies.

On Wednesday, Trump added a 34% levy on China that will take the total rate to 54% and hit the European Union with a 20% duty. China has already retaliated with its own 34% tariff, and the EU said it plans to respond too.

UBS expects the effective US tariff rate will peak in the 25%-30% range. According to data from Fitch Ratings, a 25% effective tariff rate would already be the highest since 1909.

And if it reaches 30%, it would be the highest since 1872—when Civil War hero Ulysses S. Grant was president and the US economy was still in the Industrial Revolution.

But by the third quarter, UBS sees tariffs starting to head back down and expects the effective rate to end 2025 at 10%-15%.

“Various individual countries have suggested that they do not intend to retaliate and that deals with individual countries could begin to bring the overall effective tariff rate down,” analysts said.

In fact, Vietnam confirmed over the weekend that it offered to remove all tariffs on US imports, and Trump administration officials said Sunday that more than 50 countries have reached out to the White House for tariff talks.

Trump will also face more pressure to negotiate, UBS predicted, citing potential challenges to the legal basis for his tariffs and extensive business lobbying to water down policies or carve out exceptions.

And as midterm election season gets closer, political calculations may also soften Trump’s stance. Republican Sen. Ted Cruz warned of a political “bloodbath” in 2026 if tariffs cause a recession.

UBS sees US GDP expanding by less than 1% in 2025, including an intra-year recession that will see GDP decline 1% from peak to trough. Stocks will rebound, but analysts slashed their year-end S&P 500 target to 5,800 from 6,400.

“We believe some potentially acceptable ‘off-ramps’ that could enable all sides to declare victory could include some combination of higher European defense spending, measures in Asia to prevent dumping of excess supply into global markets, reductions in existing tariff or non-tariff barriers, or measures to increase inward investment into the US,” UBS said.

This story was originally featured on Fortune.com



Source link

Tags: 1872beforeclimbCycleeaseEscalationfurthertoHighestplaysRetaliationTariffsTrump
ShareTweetShare
Previous Post

3 Top EV Stocks to Buy in April

Next Post

Is Bank of America Corporation (BAC) the Best Beginner Stock?

Related Posts

edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

by TheAdviserMagazine
October 29, 2025
0

Being CEO has its many perks: Business leaders get to command the world’s most powerful companies, shape their legacies as...

edit post
Mastercard poised to acquire crypto startup Zerohash for nearly  billion, sources say

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say

by TheAdviserMagazine
October 29, 2025
0

Mastercard has its sights on another crypto company. The payments goliath is said to be in late-stage talks to acquire...

edit post
Yunus fears attempts to thwart planned Bangladesh polls

Yunus fears attempts to thwart planned Bangladesh polls

by TheAdviserMagazine
October 29, 2025
0

Bangladesh's interim government chief Muhammad Yunus on Wednesday said he feared forces "from home and abroad" to thwart planned general...

edit post
Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

Coca-Cola Stock Is Already A Great Income Stock. Here’s How To Make It Better.

by TheAdviserMagazine
October 29, 2025
0

Coca-Cola (KO) is a resilient, dividend-paying consumer staples giant with a global footprint and strong brand loyalty. There's a reason...

edit post
Israeli web security co Reflectiz raises m

Israeli web security co Reflectiz raises $22m

by TheAdviserMagazine
October 29, 2025
0

Israeli web exposure management platform Reflectiz today announced the completion of a $22 million Series B financing round led...

Next Post
edit post
Is Bank of America Corporation (BAC) the Best Beginner Stock?

Is Bank of America Corporation (BAC) the Best Beginner Stock?

edit post
Dow futures sink 1,300 points after Trump defends tariffs as ‘medicine’ to fix trade deficit

Dow futures sink 1,300 points after Trump defends tariffs as ‘medicine’ to fix trade deficit

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

0
edit post
Private Equity’s New Exit Playbook

Private Equity’s New Exit Playbook

0
edit post
How Food Industry Lobbyists Keep the Food-Stamp Gravy Train Going

How Food Industry Lobbyists Keep the Food-Stamp Gravy Train Going

0
edit post
ASIC Confirms Stablecoins and Tokenised Assets Fall Under Financial Law

ASIC Confirms Stablecoins and Tokenised Assets Fall Under Financial Law

0
edit post
What Are the Signs of a Fake Rich Person?

What Are the Signs of a Fake Rich Person?

0
edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

0
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

October 29, 2025
edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

October 29, 2025
edit post
How to keep your AI use from violating industry rules

How to keep your AI use from violating industry rules

October 29, 2025
edit post
Japan’s Biggest Card Firm Joins The Network

Japan’s Biggest Card Firm Joins The Network

October 29, 2025
edit post
What Are the Signs of a Fake Rich Person?

What Are the Signs of a Fake Rich Person?

October 29, 2025
edit post
Why Nearly Half of Gen Z Now Buys Secondhand Monthly to Beat Inflation

Why Nearly Half of Gen Z Now Buys Secondhand Monthly to Beat Inflation

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)
  • The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely
  • How to keep your AI use from violating industry rules
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.