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Analyst: US Tariff Annual Revenue Expected to be Approximately $450 Billion
Summary: According to sources, the Royal Bank of Canada's BlueBay Asset Management estimates that the US has raised the global average tariff rate to around 18%. BlueBay's Chief Information Officer Mark Dowding stated in a report that based on this assumption, BlueBay expects US tariff annual revenue to be approximately $450 billion, reaching $770 billion in ...
According to sources, the Royal Bank of Canada's BlueBay Asset Management estimates that the US has raised the global average tariff rate to around 18%. BlueBay's Chief Information Officer Mark Dowding stated in a report that based on this assumption, BlueBay expects US tariff annual revenue to be approximately $450 billion, reaching $770 billion in 2024, equivalent to 1.25% of GDP. Dowding said, 'Over the next year, this revenue should help reduce the US fiscal deficit to slightly below 7% of GDP.'
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Link: Analyst: US Tariff Annual Revenue Expected to be Approximately $450 Billion [Copy]
