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> Many countries have blanket global tariffs to make their own industries more competitive Which countries are these? In general, if you look at the list of co
by rsynnott 2y ago
> Many countries have blanket global tariffs to make their own industries more competitive
Which countries are these? In general, if you look at the list of countries with >5% effective tariff rate, it’s all developing world. Vietnam, FWIW, has an effective tariff rate of a little over 1%, in a similar range to the EU and to the US pre-Trump II.
Some countries _do_ have high blanket tariff rates, but you’re generally talking about very poor countries with limited secondary industry; these are, as a general rule, not big exporters to the US. None of the US’s biggest trading partners have high tariffs.