EPISODE · Apr 6, 2025 · 4 MIN
Tariff rates Trump ascribes to other countries are vastly higher than World Trade data shows
from Daily SumUp
President Donald Trump announced an aggressive, far-reaching “reciprocal” tariff policy.A Cato Institute report based on World Trade Organization data said the trade-weighted average tariff rates imposed by most countries are much lower than the Trump administration said.For example, the administration said China charges the U.S. a tariff of 67%. The Cato report said China’s 2023 trade-weighted average tariff rate was 3%. Hosted on Acast. See acast.com/privacy for more information.
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Tariff rates Trump ascribes to other countries are vastly higher than World Trade data shows
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