Trump tariff rates for other countries are larger than global trade data

president Donald Trump She announced long -term aggression Policy of “mutual tariffs” This week, many American economists and trading partners left to ask how the White House calculated Its rates.

Trump’s plan has created a 10 % basic tariff for almost every country, although many countries such as China, Vietnam and Taiwan are subject to more slope prices. At a party in The Rose Garden on Wednesday, Trump prepared a sticker plate that showed the definitions claiming to be “charged” for the United States, as well as the “reduced” mutual definitions that America will implement in response.

These mutual definitions are often half of what the Trump administration said that every country has accused the United States in the United States indicates that China is receiving a 67 % tariff, for example, and that the United States will implement a 34 % mutual tariff.

However, a report issued by the Kato Institute indicates that the average rate of increasing tariffs in most countries is very different from the numbers described by the Trump administration. This report depends on the average service rates of the World Trade Organization in 2023, the last year available.

The Cato Institute says the average tariff rate for trade 2023 from China was 3 %. Likewise, the administration says that the European Union is receiving a 39 % tariff, while the average rate of tariffs in 2023 was 2.7 %, according to the report.

In India, the Trump administration claims that a 52 % tariff is accused against the United States, but Kato found that the average weighted tariff rate was 2023 was 12 %.

Many social media users hurried this week to note that the United States seemed to be Department of Commerce in imports From a specific country to reach the customs tariff rates for individual countries. It is an unusual approach, because it indicates that the United States, which was affected by the trade deficit in the goods, but ignored the trade in services.

The American Trade Representative Office explained in short his approach to the issuance, and stated that the calculation of the common effects of the tariff, organizational and tax policies and other policies in various countries “can be collected by calculating the level of customs tariffs in line with the bilateral trade deficit to zero.”

“If the commercial deficit is fixed due to the definition and non -definition policies and basics, then the rate of customs tariffs is compatible with the compensation of these policies and the basics mutual and fair.