BofA: The effective tariff rate should remain unchanged | 08 June 2026
**The effective tariff rate should remain unchanged** > BofA: We estimate the latest tariffs proposed by the US administration represent almost 2pp for the US effective tariff rate. This is nearly identical to our initial estimate of the impact of 10% Section 122 tariffs. As a result, the US effective tariff rate should remain nearly unchanged after Section 122 tariffs expire in July. The newly proposed duties…

