The current U.S. average tariff rate
A) greater than 10 percent.
B) approximately 20 percent.
C) less than 5 percent.
D) over 50 percent.

Question

Quizplus · Accepted Answer

The current U.S. average tariff rate is less than 5 percent. According to the Office of the United States Trade Representative, the average applied tariff rate for non-agricultural products was 3.3 percent in 2019. The average tariff rate for agricultural products was slightly higher at 6.4 percent.

The Current U.S. Average Tariff Rate