Goldman Sachs: The significant reduction in US tariffs on China has limited impact on the overall effective tariffs of the United States

BlockBeats News: On May 12th, Nick Timiraos, the "voice tube" of the Federal Reserve, shared Goldman Sachs' viewpoint on social media: the significant reduction of US tariffs on China has limited impact on the overall effective tariff rates of the United States. It is expected that the current effective tariff rate in the United States will only decrease slightly (less than 2 percentage points) due to the relaxation of Chinese tariffs. After considering this magnitude of reduction, the total tariffs imposed by the United States will still be much higher than the market's expectations at the beginning of the year, and the coverage will be broader.