{"id":1789620,"date":"2025-04-04T18:11:49","date_gmt":"2025-04-04T16:11:49","guid":{"rendered":"https:\/\/pre.efe.com\/?p=1789620"},"modified":"2025-04-04T18:29:08","modified_gmt":"2025-04-04T16:29:08","slug":"us-tariff-claims-exaggerated","status":"publish","type":"post","link":"https:\/\/pre.efe.com\/en\/other-news\/2025-04-04\/us-tariff-claims-exaggerated\/","title":{"rendered":"US tariff claims off by 95 percent, says WTO-linked agency"},"content":{"rendered":"\n

Geneva, Apr 4 (EFE).\u2013 The United States has overestimated global tariffs on its exports by more than 95 percent to justify sweeping new levies on about 60 countries, according to the International Trade Center (ITC), a United Nations and WTO-affiliated body.<\/p>\n\n\n\n

ITC spokesperson Julia Spies said the U.S. Commerce Department used figures that were more than 95% higher than the actual average tariffs imposed on American goods.<\/p>\n\n\n\n

\u201cFor instance, the average European Union tariff on U.S. products is about 3.5%, yet the U.S. cited it as 39%. Similarly, China\u2019s average is around 5.5%, not the 67% claimed,\u201d Spies said during a press conference in Geneva.<\/p>\n\n\n\n

Spies also expressed surprise at the methodology used by U.S. officials, which appears to factor in trade deficits when calculating tariff barriers. \u201cPersonally, I had never seen anything like it,\u201d she said.<\/p>\n\n\n\n

She noted that several low-income countries \u2014 including Lesotho, Cambodia, Laos, Madagascar, and Myanmar \u2014 were targeted with new tariffs exceeding 45%, despite their heavy reliance on U.S. markets.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

\u201cCambodia, for example, sends 35% of its total exports to the United States,\u201d she said.<\/p>\n\n\n\n

The ITC warned that such tariffs could also raise prices for U.S. consumers while forcing smaller economies to diversify their markets.<\/p>\n\n\n\n

\u201cMadagascar, known for vanilla, may expand exports to smaller markets like Canada or enter new ones such as Indonesia. While this won\u2019t fully offset the losses from reduced access to the U.S., it would help lower exposure to market shocks,\u201d Spies explained.<\/p>\n\n\n\n

She also addressed the likely fallout from a new 25% U.S. tariff on automobiles and auto parts that took effect Thursday, with countries like Japan, Slovakia, and Honduras among the most exposed.<\/p>\n\n\n\n

\u201cOur calculations suggest Japan could lose up to $17 billion in exports to the U.S. as a result,\u201d Spies warned, adding that India, Brazil, Vietnam, and Thailand may also be affected.<\/p>\n\n\n\n

However, she pointed out that alternative markets \u2014 including China, Germany, the Philippines, and Thailand \u2014 still offer untapped potential that could eventually offset some of the losses in the American market. EFE<\/p>\n\n\n\n

abc-sk<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Geneva, Apr 4 (EFE).\u2013 The United States has overestimated global tariffs on its exports by more than 95 percent to justify sweeping new levies on about 60 countries, according to the International Trade Center (ITC), a United Nations and WTO-affiliated body. ITC spokesperson Julia Spies said the U.S. Commerce Department used figures that were more … Read more<\/a><\/p>\n","protected":false},"author":198164071,"featured_media":1789621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[121921,122143,121960],"tags":[],"class_list":["post-1789620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia","category-other-news","category-portada-america","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"acf":[],"yoast_head":"\nUS tariff claims off by 95 percent, says WTO-linked agency - EFE<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US tariff claims off by 95 percent, says WTO-linked agency - EFE\" \/>\n<meta property=\"og:description\" content=\"Geneva, Apr 4 (EFE).\u2013 The United States has overestimated global tariffs on its exports by more than 95 percent to justify sweeping new levies on about 60 countries, according to the International Trade Center (ITC), a United Nations and WTO-affiliated body. 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