Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by jcranmer on Wednesday June 27, 2018 @11:01AM
(#17408657)
And the US charges 88% tariffs on sugar imports over quota, while the EU has no sugar quota.
It's very easy to cherry-pick particular tariffs, but the truth of the matter is that maximum tariffs are generally constrained by international agreements that have lots and lots of horse-trading over what is accepted. When you look at all products, the US doesn't look particularly generous compared to the EU. Source: https://www.economist.com/finance-and-economics/2018/06/14/h...
Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by JPKab on Saturday June 30, 2018 @05:39PM
(#17432874)
I've seen aggregate value measures which clearly demonstrate the EU as more protectionist.
It should also be pointed out that the EU has sugar tariffs which is why beet sugar is big in Europe.
Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by JohnSully on Wednesday June 27, 2018 @12:30PM
(#17409497)
The US imposes a 25% tariff on light trucks which is where all the action is these days. Ford makes the bulk of its profits from pickup sales.
Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by moorhosj on Wednesday June 27, 2018 @10:11AM
(#17408240)
Solving disputes like this is the reason the WTO was created.
Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot...
by whatyoucantsay on Wednesday June 27, 2018 @02:10PM
(#17410409)
And it has failed spectacularly in the case of China... for decades.
US imposes a 2.5 percent tariff on European autos. The EU imposes a 10 percent tariff on US autos. How is that fair? Why should the US not impose tariffs and just accept that?