{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/64d53bc8af8fd800117b9642/67f1dc32506c6c628c8c51fa?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Tariff rates Trump ascribes to other countries are vastly higher than World Trade data shows","description":"<p>President Donald Trump announced an aggressive, far-reaching “reciprocal” tariff policy.</p><p><br></p><p>A Cato Institute report based on World Trade Organization data said the trade-weighted average tariff rates imposed by most countries are much lower than the Trump administration said.</p><p><br></p><p>For example, the administration said China charges the U.S. a tariff of 67%. The Cato report said China’s 2023 trade-weighted average tariff rate was 3%.</p>","author_name":"Daily SumUp"}