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by YetAnotherMatt
2177 days ago
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>Europe has high import tariffs The EU has a weighted import tariff of 1.79% vs 1.66% in the US. For comparison, China is at 3.83% and Japan at 2.51%. Canada, New Zealand and Australia are all lower than the US, at 1.52%, 1.18%, and 1.27% respectively. https://en.wikipedia.org/wiki/List_of_countries_by_tariff_ra... This is mostly 2017 data, which means the recent US-China tariff war could very well have resulted in the US having a higher weighted import tariff than the EU by now. |
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