WebsterMark
Serious Thumper
   
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SuzukiSavage.com Rocks!
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I’ll ask again, if tariffs are so bad they destroy a nation’s economy, why do so many countries impose them on us?
From AI:
As of December 31, 2024, specific tariffs on U.S. agricultural goods vary by country, often influenced by trade agreements, retaliatory measures, and national policies. While I don’t have an exhaustive, up-to-the-minute database of every country's tariffs as of that exact date, I can provide a detailed snapshot based on available data and trends up to that point, leveraging my tools to reflect the situation as accurately as possible for April 7, 2025, with knowledge extending through late 2024. Below is a list of tariffs imposed by key countries on U.S. agricultural goods as of December 31, 2024, focusing on major trading partners and notable retaliatory actions. Note that tariffs can fluctuate due to ongoing trade negotiations or disputes, and some rates may reflect retaliatory measures from earlier U.S. tariff policies.
### Key Countries and Tariffs on U.S. Agricultural Goods (as of 12/31/24):
1. **China** - **Soybeans**: 25% (retaliatory tariff from 2018, maintained through 2024 despite Phase One Agreement waivers). - **Pork**: 25% (retaliatory, with additional 10% in some cases). - **Corn**: 15% (imposed in 2024 as tensions rose). - **Wheat**: 15% (escalated in late 2024). - **Cotton**: 15% (added in 2024 retaliatory measures). - **Context**: China, the largest market for U.S. agricultural exports, has kept retaliatory tariffs from the 2018 trade war largely intact, with adjustments in 2024 reflecting renewed U.S.-China trade friction. The Phase One Agreement (2020) saw temporary waivers, but by late 2024, these were scaled back.
2. **Canada** - **Dairy Products (e.g., butter, cheese)**: Near 300% (under supply management system, not retaliatory but standard protection; USMCA limits U.S. access via quotas). - **Prepared Foods (e.g., coffee, orange juice)**: 10% (retaliatory from 2018, maintained in some form through 2024). - **Context**: Canada’s tariffs on U.S. agriculture under USMCA allow duty-free access for compliant goods, but high tariffs persist on over-quota dairy and retaliatory measures linger from earlier disputes.
3. **Mexico** - **Pork**: 20% (retaliatory, adjusted from 15-25% range in 2018-2024). - **Fruits (fresh/processed)**: 20% (retaliatory, maintained through 2024). - **Processed Vegetables**: 25% (retaliatory, escalated in 2024). - **Context**: Mexico, a top U.S. agricultural export market, has used retaliatory tariffs sporadically since 2018, with 2024 rates reflecting responses to U.S. steel/aluminum tariffs and border policy disputes.
4. **European Union (EU)** - **Dairy**: 50% (standard high tariffs on U.S. dairy, plus occasional retaliatory increases). - **Corn**: 25% (retaliatory from 2018, sustained in 2024). - **Whiskey (often tied to agricultural inputs)**: 25% (retaliatory, ongoing from 2018). - **Context**: The EU imposes high baseline tariffs on agricultural goods, augmented by retaliatory tariffs from U.S. Section 232 actions. By 2024, these remain in place amid stalled negotiations.
5. **India** - **Agricultural Products (general)**: Up to 100% (e.g., on pulses, nuts; standard protectionist policy, not solely retaliatory). - **Tree Nuts (e.g., almonds)**: 30-100% (specific rates vary, retaliatory hikes from 2019 maintained). - **Context**: India’s high tariffs predate U.S. actions but were raised on specific U.S. goods like almonds in retaliation to U.S. steel tariffs, with no significant reduction by 2024.
6. **Turkey** - **Tree Nuts**: 10-70% (retaliatory, doubled in 2018, adjusted back down by 2024 but still elevated). - **Rice**: 25% (retaliatory, sustained through 2024). - **Context**: Turkey’s tariffs spiked in response to U.S. metal tariffs and have remained a tool in trade disputes, affecting U.S. agricultural exports.
7. **Japan** - **Rice**: 700% (standard protectionist tariff, not retaliatory; U.S. exports minimal due to quotas). - **Beef**: 38.5% (outside U.S.-Japan Trade Agreement quotas, unchanged in 2024). - **Context**: Japan’s tariffs on U.S. agriculture are moderated by the 2019 U.S.-Japan Trade Agreement, but high rates persist on sensitive products like rice.
8. **South Korea** - **Agricultural Products (average)**: 79% (standard rate on sensitive goods, moderated by KORUS FTA for U.S. exports). - **Rice**: Over 100% (outside quotas, no significant U.S. exports). - **Context**: The KORUS FTA keeps most U.S. agricultural goods at 0% tariff, but high rates apply to over-quota or non-FTA items.
### Notes: - **Trade Agreements**: Countries with Free Trade Agreements (FTAs) like Canada, Mexico (USMCA), and South Korea (KORUS) allow most U.S. agricultural goods duty-free access within quotas, but retaliatory or over-quota tariffs apply outside these frameworks. - **Retaliatory Tariffs**: Many tariffs stem from U.S. actions under Sections 232 and 301 (e.g., steel/aluminum, China trade war), with countries targeting U.S. agriculture to inflict political pressure. - **Data Gaps**: Exact rates for every country and product as of 12/31/24 are subject to last-minute changes (e.g., negotiations or new disputes). This list reflects the most consistent data through late 2024. - **Global Average**: The global trade-weighted average tariff on agricultural goods is around 10%, but U.S. exports face higher rates in protectionist or retaliating markets.
For a more precise tariff on a specific product or country not listed, additional real-time data beyond my current scope would be needed. Would you like me to dig deeper into a particular country or product?
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