Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Fakest of fake news; no developed country (except a few weird microstates) has effective tariffs higher than about 3%. Bizarrely, he based it on _trade deficits_. Today, only two countries have effective tariffs rates >20% (Bermuda and the Cayman Islands), though it will be three next week.

(Based on the World Bank metric; WTO uses a slightly different metric and says there are three; Bahamas, Sudan and Iran.)



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: