Weekly Viz 2025-04-07
Average Tariff Rate 1900-2024
In the past week, the new tariff proposal has been shaking the stock market. For this week’s visualization, I am visualizing the historical tariff rates from 1900 to 2024.
My Visualization
This is a simple line chart in step style.
Please notice that all the visualizations are designed for desktop view, so it is recommended to view them on a desktop device.
Insights
- Overall, the tariff rates are on a clear downward trend in the last century;
- However, there were multiple spikes in the history – there was one increase around 1930s due to the Smoot-Hawley Tariff Act, another one in 1960s post-WWII, and a more recent uptick around 2018–2020, aligning with the US-China trade war and new tariffs under the first Trump administration.
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