Here’s how high tariff rates would have to rise to bring manufacturing back to its glory days. Even Trump would be shocked.

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Economists at UBS suggest that tariffs would need to be significantly high, at 42.5%, to bring manufacturing back to its former state, a rate that even President Trump might find surprising.

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Market impact analysis based on bearish sentiment with 80% confidence.

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Bearish
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80%

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Economists at UBS pointed to analysis done by the center-right American Enterprise Institute, which calculated that tariffs would have to be set at 42.5% to level out manufacturing imports and exports.

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Original article published by Unknown on November 10, 2025.
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