The US is the most protectionist OECD country. - Politics Forum.org | PoFo

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#15059385
Under the WTO, most tariffs among OECD countries have been reduced to the point where they are insignificant. Non-tariff barriers, like the "buy American act", for example, have a far bigger impact on trade.

According to the The Trade Barrier Index, the US has the most non-tariff barriers among all OECD countries, while most EU members are among the countries with the fewest non-tariff barriers.

Image

How on Earth was the US able to claim that it is the most open economy, and why do the Trumpets believe the world is "unfairly exploiting the US"?
#15059409
Atlantis wrote:Under the WTO, most tariffs among OECD countries have been reduced to the point where they are insignificant. Non-tariff barriers, like the "buy American act", for example, have a far bigger impact on trade.

According to the The Trade Barrier Index, the US has the most non-tariff barriers among all OECD countries, while most EU members are among the countries with the fewest non-tariff barriers.

Image

How on Earth was the US able to claim that it is the most open economy, and why do the Trumpets believe the world is "unfairly exploiting the US"?


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