Comment by rsynnott

1 day ago

The EU has a weighted mean tariff of about 1.3%. Prior to ol' mini-hands, the US had a weighted mean of 2.4%; it now has a weighted mean of about 8% (or, well, did until this ruling, who knows now). China is 2.1%. A couple of countries in South America have very high tariffs, but you'd expect that; high tariffs are normally a marker of a developing economy.

The idea that the EU is high-tariff, while popular on the internet, is simply not supported by the facts.