Analyst: The annual revenue from U.S. tariffs is expected to be around $450 billion

ChainCatcher news, citing a report from the Royal Bank of Canada BlueBay Asset Management, estimates that the United States 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 the annual revenue from U.S. tariffs to be approximately $450 billion, while in 2024 it will be $77 billion, equivalent to 1.25% of GDP.

Dowding said, "In the coming year, this revenue should help reduce the U.S. fiscal deficit to slightly below 7% of GDP."