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by defertoreptar
2445 days ago
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> The EU imposes a 10 percent tariff on passenger cars, compared with the 2.5 percent U.S. duty on European autos. A study by the CESifo Institute in Germany found unweighted average EU tariffs of 5.2 percent, compared with the U.S. rate of 3.5 percent. “The EU is by no means the paradise for free traders that it likes to think,” Gabriel Felbermayr, director of the think tank’s Center for International Economics, told the German business newspaper Handelsblatt. https://m.washingtontimes.com/news/2018/jul/22/europe-resist... |
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The best numbers I could find are more comparable, namely total US tariffs of 7.1 billion USD on imports worth 684 billion which approximately equals 1% vs EU tariffs of 5.7 billion USD on imports worth 575 which is also roughly equal to 1% [1,2]. To me that seems pretty fair.
However I think the biggest issue (as an EU citizen) is the US insistence on not adhering to EU regulatory regimes, which is what I think made a lot of people oppose the TTIP. Also note that this has not been an issue when negotiating a EU-Japan trade deal.
[1] https://www.handelsblatt.com/today/politics/unfree-trade-tru... [2] https://ustr.gov/countries-regions/europe-middle-east/europe...