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President Trump's new tariffs: Tax on Americans or fairer deal?


President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
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According to statistics from the World Trade Organization, the United States ranks towards the bottom of the list of all countries --meaning among the lowest tariff rates for both ag and non-agricultural products with 4 and 2.1%, respectively.

Canada and Mexico have 14.4% and 7.3% respectively for ag products, while China has 13.1%.

Here's a link to the World Trade Organization website if you'ld like to see for yourself.

https://www.wto.org/english/tratop_e/tariffs_e/tariff_data_e.htm

So are the new tariffs just a tax that will cost Americans more like critics say, or will they even the playing field for American products and workers?

Only time will really tell, but here is another, closer look at that chart comparing the tariffs other countries charge on U.S. exports to the new tariffs President Trump is enacting on imports.

It's from the White House's X account.

https://x.com/whitehouse/status/1907533090559324204/photo/1

What do you think?

Finally, this is a 400-page report from the US Trade Representative's office detailing every tariff and trade restriction imposed on the U.S. around the world, country-by -country.

You can go to the USTR.gov website and see the entire report for yourself if you want to verify the differences in tariff rates President Trump says he is addressing with the new "reciprocal tariffs."

Or, you can just click on the link below and it will take you to the website.

https://ustr.gov/sites/default/files/files/Press/Reports/2025NTE.pdf

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