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<oembed><version>1.0</version><provider_name>Customs &amp; International Trade Law Firm</provider_name><provider_url>https://diaztradelaw.com</provider_url><author_name>Jennifer Diaz</author_name><author_url>https://diaztradelaw.com/author/jen/</author_url><title>Tariffs are Bad, So Are Non-tariff Barriers - Customs &amp; International Trade Law Firm</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="nLCZBWjh5v"&gt;&lt;a href="https://diaztradelaw.com/tariffs-are-bad-so-are-non-tariff-barriers/"&gt;Tariffs are Bad, So Are Non-tariff Barriers&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://diaztradelaw.com/tariffs-are-bad-so-are-non-tariff-barriers/embed/#?secret=nLCZBWjh5v" width="600" height="338" title="&#x201C;Tariffs are Bad, So Are Non-tariff Barriers&#x201D; &#x2014; Customs &amp; International Trade Law Firm" data-secret="nLCZBWjh5v" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><thumbnail_url>https://diaztradelaw.com/wp-content/uploads/2025/04/DTL-Q1-2025-2025-04-12T092941.258.png</thumbnail_url><thumbnail_width>987</thumbnail_width><thumbnail_height>928</thumbnail_height><description>We are pleased to share our latest feature in the National Interest! View the original article here. Jennifer Diaz &#x2013; Board-certified international attorney and President of Diaz Trade Law Jerry Haar &#x2013; Professor and Executive Director, The Americas, Florida International University &#x2013; College of Business Tariffs, which&#xA0;Donald Trump&#xA0;once&#xA0;called&#xA0;&#x201C;the most beautiful word in the dictionary,&#x201D; constitute the centerpiece of his administration&#x2019;s trade and economic policies. The tariff theme featured prominently in the president&#x2019;s State of the Union address on&#xA0;March 4&#xA0;and represents a clear article of faith for him. The April 2&#xA0; &#x201C;Liberation Day&#x201D; announcement of new sweeping tariffs makes it crystal clear that the&#xA0;president means business. New U.S. tariffs on goods from Canada, Mexico, and China are estimated to increase tax revenue by $600&#x2013;650 billion over ten years. The cost to American households in raised prices would be equivalent to a $2,100 tax hike, according to the Tax Foundation. However, &#x201C;non-tariff barriers&#x201D;&#x2014;impediments to free market commerce that are far more pernicious than tariffs are absent from the discussion on tariffs. These policy-related measures that can restrict trade between countries include quotas, licensing requirements, import bans, subsidies, customs procedures, technical regulations, and standards. In the global context, non-tariff barriers to trade (NTBs) can increase the cost of trade by raising compliance costs, delaying shipments, and adding layers of bureaucracy. For example, a World Trade Organization reportfound that NTBs raised global trade costs especially for developing countries and small firms within them. One estimate from 2019 suggested that the cost of NTBs in [&hellip;]</description></oembed>
