, 3 tweets, 2 min read Read on Twitter
This has popped up again. I wouldn't RT.

If we're going to debate tariffs, let's be absolutely clear.

"WTO tariffs" don't exist.

Both sets are "EU tariffs".

The 0% apply to imports inside the EU & from free trade partners. The others are EU tariffs on imports from elsewhere.
Repeat after me:

There's no such thing as WTO tariffs
There's no such thing as WTO tariffs
There's no such thing as WTO tariffs

These are both EU tariffs
These are both EU tariffs
These are both EU tariffs

Why are they EU tariffs? See the next tweet

Here's why they are EU tariffs.

They are the EU's tariffs based on its commitments in the WTO. No one else in the WTO has these tariffs.

(Technical note: "based on" = average MFN applied rates, not bound rates)

Just so you know.

wto.org/english/res_e/… Screenshot of linked WTO page on EU tariff profiles
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Peter Ungphakorn
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!