What countries have fewer tariffs than the US? Yes tariffs have the ability to support domestic production, be that via bringing manufacturing back or creating jobs. 100%, these are actual results and why almost every country has them. The US has a weighted tariff average of around 3% which places them at the lowest of the list only above countries that have to import almost everything like New Zealand, Australia and Iceland, and around half of EU rates. So even with the random adjustments Trump has made the US would still need to effectively double tariff rates to be commiserate with the EU.