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Search resuls for: "US International Trade"


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New York CNN —A new report about tariffs on underwear finds that when it comes to tax rates, women are getting shorts-changed. The average US tariff rate on women’s undergarments is 15.5%, compared to just 11.5% for men’s. “Worst Valentine’s Day surprise ever,” wrote Gresser in his report, as he estimated that the current US tariff system adds about $1.10 to each pair of women’s underwear and about $0.75 to men’s. “America is unique in taxing women’s underwear more heavily than men’s,” Gresser wrote, although the US tariff rates as a whole fall roughly in line with international counterparts. A study from the US International Trade Commission found that across all apparel products, two-thirds of the total tariff burden comes from women’s apparel products.
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