United States US: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 2.640 % in 2016. This stayed constant from the previous number of 2.640 % for 2015. United States US: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 3.130 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 5.010 % in 1992 and a record low of 2.120 % in 2007. United States US: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

United States US: Tariff Rate: Applied: Simple Mean: All Products data was reported at 2.870 % in 2016. This stayed constant from the previous number of 2.870 % for 2015. United States US: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 3.530 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 5.310 % in 1991 and a record low of 2.870 % in 2016. United States US: Tariff Rate: Applied: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

According to estimates, President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. If Trump's proposals go into effect, it is estimated that the average tariff rate of all imports would almost triple, marking the highest rate in the United States since 1969.

United States US: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 3.020 % in 2016. This records an increase from the previous number of 2.990 % for 2015. United States US: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 3.570 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 4.340 % in 1997 and a record low of 2.940 % in 2014. United States US: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

As of April 9, 2025, the United States levied a revised baseline of ** percent on all goods imported from countries of the Middle East and North Africa .Based on the initial tariff calculation of April 3, the rates of imported goods would have varied by country in the region, with Syria and Iraq at ** and ** percent, respectively. Tariffs and their effects he intertwined nature of global trade and supply chains implies that the shockwaves of significant policy changes and economic turbulences spread more easily across countries. This was illustrated in the effects of new United States tariffs on Arab countries, where projections show a *** percent decrease in investments in the Gulf Cooperation Council (GCC). Meanwhile, the impact of these tariffs on the Middle East and North Africa (MENA) imports forecast a ** percent decrease in imports from the United States to the Arab region. Middle East-United States trade relations The nature of trade relationships between the United States and the Middle East is often influenced by geopolitical and security realities, with Israel, UAE, and Saudi Arabia being the leading bilateral trading partners. A particularly strong trade relationship exists between the GCC countries and the United States, evident in the value of exports from the former to the latter. On the other hand, the value of exports from the broader Arab region to the United States fell considerably in the last decade, largely due to petroleum and oil revenue decrease.

United States US: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 1.670 % in 2016. This records a decrease from the previous number of 1.690 % for 2015. United States US: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 1.960 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 3.950 % in 1992 and a record low of 1.540 % in 2007. United States US: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

US Tariff Impact on Market

The US tariff policies have significantly impacted the global trade management market, leading to both opportunities and challenges for businesses. In particular, tariffs on imported goods have increased the complexity of managing cross-border trade, requiring businesses to implement more sophisticated trade management solutions.

As companies face rising costs due to tariffs, the demand for trade management systems that help optimize customs compliance, minimize duties, and streamline logistics has surged. Furthermore, sectors such as manufacturing, retail, and transportation have felt the brunt of these tariffs, with industries directly impacted by increased trade barriers.

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For example, the retail sector has seen a rise in goods costs, ultimately affecting margins. The US tariff impact on sectors like manufacturing and retail is approximately 10-15% as they deal with higher raw material costs and inventory disruptions. Companies now look for more automation and integrated solutions to mitigate these costs and streamline operations.

➤ Economic Impact

The US tariffs have led to an increased cost of imports, pushing businesses to adopt more efficient trade management systems. As tariffs increase, businesses are forced to reevaluate their supply chain strategies, leading to higher operational costs. In the long term, this could prompt global shifts in trade flows.

➤ Geographical Impact

US tariffs have disproportionately affected countries with high trade volumes with the US, especially China, Mexico, and Canada. As tariffs increase, businesses in these regions must adapt to higher costs and potential disruptions. This shift influences regional trade agreements and the movement of goods, altering global trade dynamics.

➤ Business Impact

US tariffs have forced businesses to invest in advanced trade management technologies to mitigate the effects of increased import duties and logistical delays. Companies are now focusing on automation, compliance optimization, and cost-effective solutions to navigate the growing complexities of international trade. Small and medium-sized enterprises face considerable challenges.

United States US: Share of Tariff Lines with Specific Rates: Primary Products data was reported at 2.760 % in 2016. This records a decrease from the previous number of 2.785 % for 2015. United States US: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 2.713 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 3.650 % in 1993 and a record low of 0.023 % in 1997. United States US: Share of Tariff Lines with Specific Rates: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; ;

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

This dataset provides values for TARIFF RATE MOST FAVORED NATION SIMPLE MEAN PRIMARY PRODUCTS PERCENT WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States US: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 3.570 % in 2016. This records an increase from the previous number of 3.560 % for 2015. United States US: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 3.860 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 5.760 % in 1993 and a record low of 3.540 % in 2014. United States US: Tariff Rate: Most Favored Nation: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Techsalerator’s Import/Export Trade Data for North America

Techsalerator’s Import/Export Trade Data for North America delivers an exhaustive and nuanced analysis of trade activities across the North American continent. This extensive dataset provides detailed insights into import and export transactions involving companies across various sectors within North America.

Coverage Across All North American Countries

The dataset encompasses all key countries within North America, including:

1. United States

The dataset provides detailed trade information for the United States, the largest economy in the region. It includes extensive data on trade volumes, product categories, and the key trading partners of the U.S. 2. Canada

Data for Canada covers a wide range of trade activities, including import and export transactions, product classifications, and trade relationships with major global and regional partners. 3. Mexico

Comprehensive data for Mexico includes detailed records on its trade activities, including exports and imports, key sectors, and trade agreements affecting its trade dynamics. 4. Central American Countries:

Belize Costa Rica El Salvador Guatemala Honduras Nicaragua Panama The dataset covers these countries with information on their trade flows, key products, and trade relations with North American and international partners. 5. Caribbean Countries:

Bahamas Barbados Cuba Dominica Dominican Republic Grenada Haiti Jamaica Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Trinidad and Tobago Trade data for these Caribbean nations includes detailed transaction records, sector-specific trade information, and their interactions with North American trade partners. Comprehensive Data Features

Transaction Details: The dataset includes precise details on each trade transaction, such as product descriptions, quantities, values, and dates. This allows for an accurate understanding of trade flows and patterns across North America.

Company Information: It provides data on companies involved in trade, including names, locations, and industry sectors, enabling targeted business analysis and competitive intelligence.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners, offering insights into market dynamics and sector-specific trends within North America.

Trade Trends: Historical data helps users analyze trends over time, identify emerging markets, and assess the impact of economic or political events on trade flows in the region.

Geographical Insights: The data offers insights into regional trade flows and cross-border dynamics between North American countries and their global trade partners, including significant international trade relationships.

Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, helping businesses navigate the complex regulatory environments within North America.

Applications and Benefits

Market Research: Companies can leverage the data to discover new market opportunities, analyze competitive landscapes, and understand demand for specific products across North American countries.

Strategic Planning: Insights from the data enable companies to refine trade strategies, optimize supply chains, and manage risks associated with international trade in North America.

Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development strategies.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in North America's diverse economies.

Techsalerator’s Import/Export Trade Data for North America offers a vital resource for organizations involved in international trade, providing a thorough, reliable, and detailed view of trade activities across the continent.

US Tariff Impact on the Market

The imposition of US tariffs on imported electronic devices, including language translators, has the potential to significantly affect the global intelligent language translator market.

Tariffs, particularly on products imported from countries like China, could lead to an increase in production costs for manufacturers, which may, in turn, result in higher retail prices for consumers. This could reduce demand, especially in price-sensitive segments. The impact is expected to be more prominent in the handheld segment, where many of these products are manufactured overseas.

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• Economic Impact: The economic impact of tariffs includes increased production costs, which could be passed on to consumers, thereby reducing disposable income and dampening overall demand for language translators. This could hinder market growth in the short term.
• Geographical Impact: The US, as a key market for intelligent language translators, could see a decline in import volumes, particularly from countries like China. This would lead to a geographical shift in the global market, with other regions like Europe and Asia benefiting from reduced US imports.
• Business Impact: Businesses operating in the US may need to explore domestic manufacturing options or find alternative suppliers to avoid the higher costs of imported goods. This shift could impact business models and profitability in the short term.

US Tariff Impact on Market Sectors

• The tariff impact could rise by up to 25% on impacted products from China.

How Tariffs Are Impacting the Economy

Tariffs continue to play a critical role in reshaping the global economy, creating increased costs for businesses and consumers alike. In the U.S., tariffs on imported goods, including components for manufacturing, have raised production costs significantly. These increased costs have translated to higher prices for consumers, reducing their purchasing power.

The effect of tariffs extends beyond just price hikes; they have also disrupted global supply chains, with businesses struggling to source components from countries hit by tariffs. In many sectors, this has led to delayed production schedules and inefficiencies. As a result, industries that rely on global supply chains, such as electronics and automotive, are seeing higher operating costs and reduced profitability.

In the long term, these shifts could slow GDP growth, as fewer international transactions are completed and tariffs reduce the flow of goods. Tariffs have also caused businesses to rethink their strategies, considering nearshoring or diversifying their supplier base to mitigate the impacts of these trade barriers.

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The FTA Tariff Rates API provides data about each country with whom the United States has a Free Trade Agreement (FTA). When the U.S. enters into an FTA with a foreign government, it negotiates lower tariff rates with that government for a wide variety of products. A tariff is a tax that a company must pay a foreign country when shipping a product to that country. Typically the FTA tariffs rates decline over several years.

United States US: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 1.710 % in 2016. This records a decrease from the previous number of 1.740 % for 2015. United States US: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 2.060 % from Dec 1989 (Median) to 2016, with 27 observations. The data reached an all-time high of 4.250 % in 1992 and a record low of 1.640 % in 2007. United States US: Tariff Rate: Applied: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

How Tariffs Are Impacting the Economy

The impact of tariffs on the global economy has been profound, with many industries experiencing increased costs due to higher import duties. In the U.S., tariffs imposed on goods from countries like China have led to a rise in the prices of products ranging from electronics to raw materials.

This surge in prices has contributed to higher inflation, eroding consumer purchasing power. Moreover, businesses are facing disruptions in supply chains, leading to inefficiencies and delays. As a result, industries reliant on imports, such as electronics and automotive, have seen their profit margins squeezed.

Tariffs also fuel uncertainties in trade relations, causing instability in international markets and reducing global trade volumes. In the long term, these economic shifts could result in slower GDP growth, reduced investment, and increased operational costs across multiple sectors, ultimately affecting economic stability.

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Tariff rate, applied, weighted mean, all products (%) in European Union was reported at 1.33 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. European Union - Tariff rate, applied, weighted mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.