Trump retreats but still puts U.S. tariff rate at its highest level in a century. Here’s what it means for prices for clothes, food and more.

https://www.marketwatch.com/story/trump-retreats-but-still-puts-u-s-tariff-rate-at-its-highest-level-in-a-century-heres-what-it-means-for-prices-for-clothes-food-and-more-ac672d5f?mod=mw_rss_topstories
One study of the current state of U.S. tariffs and foreign retaliation suggests that Wednesday’s euphoria over President Donald Trump’s partial retreat was overdone…