U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.

This week, the president began sending letters to U.S. trade partners outlining what their proposed tariff rates will be.

President Donald Trump said the U.S. will increase its tariff rate on Canadian goods to 35% starting next month. An outline of a trade deal with the European Union is close to being finished, a spokesman for the bloc said Friday,

U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.

The new tariffs [threatened in letters](

President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

U.S. President Donald Trump issued new letters on Wednesday notifying countries of higher tariff rates as he continues his "America First" policies and reorders global trade.Following is a list of countries and new tariff rates announced this week,

The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the Federal Reserve to maintain its wait-and-see posture on interest-rate cuts, sa