2 ms·
If Weighted Mean Tariff rates are the only measurement for trade that could be true. But it is not. You have subsidies and you have policy and regulations which
by onepointsixC 4y ago
If Weighted Mean Tariff rates are the only measurement for trade that could be true. But it is not. You have subsidies and you have policy and regulations which can cause non market barriers to entry. Case & point: China doesn't have any tariff on American social media companies but simply bans American companies. Per your chosen measurement, that is simply not considered.