A return to early 20th-century trade policy

Donald Trump's trade policy, if enacted, would raise average tariffs on U.S. imports to 17.7% by 2025. That would be a sharp departure from practice since the Great Depression.

Chart: The Conversation, CC-BY-NDSource: U.S. Census Bureau, "Historical Statistics of the United States: Colonial Times to 1970, Part II"; U.S. International Trade Commission, "U.S. Imports for Consumption, Duties Collected, and Ratio of Duties to Values, 1891–2023," and Tax Foundation calculationsGet the dataEmbed Download imageCreated with Datawrapper