tariff rates

Doug Henwood dhenwood at panix.com
Wed Sep 9 09:42:08 PDT 1998


A few posts ago I wondered how relevant just a few pennies tariff differential was to the project of admitting Chile to NAFTA. Actually it's less than a penny on a dollar. Here are the effective tariff rates for the top 40 U.S. trading partners, computed from data on the US International Trade Commission web site <http://www.usitc.gov/>; the stat report is in spreadsheet form at <ftp://ftp.usitc.gov/pub/reports/studies/TRADSTAT.EXE>. In 1996, the duty on imports from Mexico was 0.65%; from Chile, 1.18%. For all U.S. trade, the average was 2.28%. No wonder the trade negotiators have moved beyond tariffs and onto investment treaties.

Doug

effective tariff rates for top 40 US trading partners, 1996 (customs collected as percent of imports)

1 Canada 0.22% 2 Japan 2.53% 3 Mexico 0.65% 4 China 5.46% 5 Germany 2.76% 6 Taiwan 4.10% 7 United Kingdom 1.82% 8 South Korea 3.52% 9 Singapore 0.90% 10 Italy 5.06% 11 France 2.34% 12 Malaysia 1.31% 13 Venezuela 0.54% 14 Thailand 3.49% 15 Saudi Arabia 0.67% 16 Hong Kong 8.54% 17 Brazil 3.54% 18 Philippines 4.14% 19 Indonesia 5.78% 20 Switzerland 2.82% 21 Sweden 2.39% 22 Belgium 1.92% 23 Netherlands 2.09% 24 Israel 0.08% 25 India 5.06% 26 Nigeria 0.34% 27 Ireland 0.98% 28 Colombia 1.05% 29 Spain 4.51% 30 Norway 0.77% 31 Australia 1.88% 32 Dominican Republic 3.97% 33 Russia 1.36% 34 Angola 0.41% 35 Finland 2.07% 36 South Africa 1.17% 37 Chile 1.18% 38 Argentina 1.72% 39 Algeria 0.39% 40 Denmark 1.98%

total 2.28%



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