How much product does the us import from china

Index of export market penetration is 0. World Growth in percentage is 0. Tariffs Tariffs imposed by United States in are below. The maximum rate of tariff in percentage on any product is 3, The simple average tariff across all products is 8. The trade weighted average tariff is The total duty free imports in thousands of US dollars are 1,,, Trade in services as percentage of GDP is United States Doing Business The ease of doing business rank for United States is 6.

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The U. The one major exception: agriculture. By contrast, the U. President Trump has raised or in the process of hiking tariffs on virtually all goods imported from China because talks to resolve disputes over fairer trading rules have faltered. Yet the president will meet with the Chinese leader, Xi Jinping, this week and press reports suggest a temporary truce might be declared.

The flareup rattled Wall Street last month, but stocks have since rebounded. Read: Monster clash between U. Trump also said the U.