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The average tariffs applied to Canadian exports by other TPP members in 2014 are given below.
But today's $150 barrel oil realities imply tariffs of 11%, harkening back to the average tariffs of the 1970s.
But the average tariffs imposed among WTO countries with no special agreements is 9%, a heavy burden in a free-trade world.
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But the average tariff underestimates the actual level of protection.
That reduced the average tariff rate to just 1.3percentt.
Today the average tariff on U.S. imports is a meager3percentnt — down from 20percentt in 1940.
Many sectors are: the average tariff on goods imports was only 5.1% in 1997.
In America, for instance, the average tariff on industrial goods is 4%.
Under the Smoot-Hawley Tariff Act (1930), the average tariff on imported goods was raised by roughly 20 percent.
The few exceptions are important but, by volume, some 70% of intra-regional trade is tariff-free, and the average tariff rate is less than 5%.
He proposed to cut top farm tariffs by 60%, put a ceiling of 100% on any single tariff and reduce the average tariff by 46% (the average cut in farm tariffs, a measure preferred by the Americans, was 39%).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com