Document also mentions that the European Union can export all the shellfish it wants to America
The White House cited, in a statement on “Reciprocal and Fair Tariffs Plan”, that a 2019 report found that in 132 countries and more than 600,000 product lines, exporters facing higher rates in more than two thirds of the time . The document to which the Broadcast (Real -Time News System of the State Group) had access cited that the most favored nation’s average tariff (MFN) in the US on agricultural products is 5%.
“But the average MFN applied rate in India is 39%. India also charges a 100% US motorcycle rate, while we only charge a 2.4% rate on Indian motorcycles, ”the document says. The text also mentions that European Union also imposes a 10% tariff on imported cars. However, the US imposes only a rate of 2.5%.
The document also mentions that the European Union can export all the shellfish it wants to America. “But the EU prohibits exports of seafood from 48 from our states, although it compromises in 2020 to expedite seafood export approvals. As a result, by 2023, the US imported $ 274 million in EU shellfish, but exported only $ 38 million, ”according to the document.
In a press conference at the White House on Thursday, Trump said he does not expect countries potentially affected by “reciprocal tariffs” to make concessions.
*With information from Estadão Content
Posted by Fernando Dias
