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Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank.. This is a list of countries by tariff rate.The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Until recently, the United States applied a customs tariff that was among the lowest in the world: 3% on average. [ 7 ] [ 8 ] However, with increased tariffs on Chinese goods, as of May 2019, the US has the highest tariff rate among all developed nations with a trade-weighted tariff rate of 4.2%.
Whereas national security reasons were cited for the tariffs, it has been noted that tariffs primarily harm American allies, not enemies; the United States imports very little steel and aluminum from China directly. [102] Trade experts furthermore noted that the United States already produces more than two-thirds of its own steel. [100]
800-290-4726 more ways to reach us. Sign in. Mail. ... such as a 60% tariff on goods from China, a flat 20% tariff on every import, and a 100% tariff on Mexican-made goods. ... Higher import fees ...
Trump, who has threatened to slap tariffs of 10% to 60% on goods from China, takes office on Jan. 20. During his first term, Trump mainly targeted Chinese parts and components.
How Trump's China Tariffs Will Make U.S. Chipmakers Pay Fees on Their Own Chips. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business.