Under the Trump administration's new import dutie

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Under the Trump administration's new import duties, most countries will face a baseline tariff of at least 15%, although other nations will faces levies of more than 40%. The U.S. effective tariff rate is now 17%, according to Fitch Ratings — the highest in decades. 

That could mean pricier garments from Vietnam, shoes and toys from China, chocolate from Switzerland, and coffee from Brazil, according to economists. As a result, the revised U.S. tariffs could cost Americans an average of $2,048 per year, according to a new analysis from the National Taxpayers Union, a nonpartisan advocacy organization. 

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