"White House aides propose an average 20% reciprocal tariff"

Washington Post Report

Higher than Goldman Sachs' predicted average tariff rate of 15%

"One of the options under review with no final decision made"

The Washington Post (WP) reported on the 1st (local time) that White House aides proposed imposing a tariff of about 20% on products imported into the United States. This comes as the world awaits details of President Trump's reciprocal tariff plan. It is also higher than the average 15% range predicted by Goldman Sachs the previous day.

According to this report, cited by CNBC and Reuters, White House aides have drafted a proposal to impose a tariff of about 20%, although no final decision has been made, and several options are being discussed. The Washington Post also mentioned, citing sources, that a "reciprocal" approach by country is being considered in the tariff plan.

Multiple sources have revealed that the Trump administration is considering using the new tariff revenue, which could amount to trillions of dollars, for tax refunds and other purposes. President Trump and his aides have stated that the goal of the tariffs is to make trade between the United States and other countries more equitable and to increase federal government revenue.

The previous day, Goldman Sachs predicted in a report that the reciprocal tariff would result in an average tariff rate of about 15% and would decrease to 9% in the long term through negotiations. The draft by White House aides is higher than Wall Street's expectations.

U.S. economists have warned that higher tariffs could lead to increased inflation and slower economic growth in the short term. There is also the possibility that some countries may impose retaliatory tariffs.

Guest reporter Kim Jung-ah kja@hankyung.com