By Daniel Dale, CNN
Washington (CNN) — President Donald Trump added Tuesday to his rapidly growing list of false claims about Canada, wrongly asserting on social media that Canada is “ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.”
Canada is a low-tariff country compared to most others. In fact, figures published by the World Bank show Canada had a lower average tariff rate (1.37%) than the US (1.49%) in 2022, the most recent year for which the data is available, weighted for how much of various products each country imported. Of 137 countries for which the World Bank published these trade-weighted 2022 tariff averages, Canada was 102nd from the top.
Bermuda topped the list at 29.52%. Seventeen additional countries, a dozen of them in Africa, were above 12%. To cite an assortment of other countries with tariffs higher than Canada: India was at 11.46%; South Korea was at 8.63%; Brazil was at 7.44%; Mexico was at 4.75%; China was at 3.09%; the United Kingdom was at 3.07%; and Japan was at 1.64%.
There are various ways to assess a country’s overall tariff picture, but Canada is also nowhere near the top when you use other standard calculation methods. Canada also had a lower 2022 tariff rate (1.83%) than the US (2.72%) in a simple-average comparison that doesn’t factor in trade volumes, the World Bank data show.
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