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United States Tariff rate, most favored nation, weighted mean, primary products (%)
What is United States' tariff rate, most favored nation, weighted mean, primary products (%)? As of 2022, it's 2.5 USD Mn, down from 3.8 USD Mn in 2014.
| Label | Tariff rate, most favored nation, weighted mean, primary products (%) |
|---|---|
| 2014 | 3.76 USD Mn |
| 2015 | 3.86 USD Mn |
| 2016 | 3.88 USD Mn |
| 2017 | 8.59 USD Mn |
| 2018 | 8.24 USD Mn |
| 2019 | 134.84 USD Mn |
| 2020 | 3.31 USD Mn |
| 2021 | 2.89 USD Mn |
| 2022 | 2.49 USD Mn |
Data Source: World Bank and Wantstats Repository
United States Tariff rate, most favored nation, weighted mean, primary products (%): Key Points
- By 2022, United States' tariff rate, most favored nation, weighted mean, primary products came to 2.49 %, against 3.76 % in 2014 — around 34% down across the period.
- 2017: leaps to 8.59 % (+121%).
- 2019: spikes to 134.84 % (+1536%).
- 2020: drops hard to 3.31 % (-98%).
- 2021-2022: drifts lower, 2.49 % (-25%).
- 2022: The chart closes at 2.49 %. Over the full stretch from 2014, that's a 33.8% loss.
Reading A Choppy Series
This is a series to read year by year, not to summarize with a single trend line. Doing the latter would flatten out real, meaningful movement.
This is United States data, published by the source linked below. Indicator series like this are usually modeled/estimated between survey years, not measured fresh every year — trust the multi-year direction over any one data point.
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