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Dominican Republic

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

Powering Mutually Beneficial Global Trade.

 

Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
4
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
13.08
7.51
5.58

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

As of Saturday, April 19, 2025, here's the latest update on tariffs concerning the Dominican Republic: United States Tariffs on Goods from the Dominican Republic: Baseline Tariff: The Dominican Republic is subject to the 10% baseline tariff on nearly all imports entering the United States. This tariff went into effect on April 5, 2025. "Reciprocal Tariffs": Initially, the U.S. had threatened a 25% reciprocal tariff on goods from the Dominican Republic. This was based on the premise of addressing the trade imbalance, with the first number (10%) representing the tariffs the Dominican Republic imposes on the U.S., and the second (25%) indicating the U.S. would impose on them. 90-Day Pause: However, the U.S. implemented a 90-day pause on the country-specific reciprocal tariff rates for most countries, effective April 10, 2025. The Dominican Republic is included in this pause.   Current Effective Rate: Therefore, the effective tariff rate on most goods imported from the Dominican Republic into the United States is currently the 10% baseline tariff. The 25% reciprocal tariff is currently delayed until July 9, 2025. CAFTA-DR: It's crucial to remember that the United States and the Dominican Republic are signatories to the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR). This agreement has already eliminated tariffs on most U.S. exports to the Dominican Republic, and others are in a phase-out process that ends in 2025. Many goods from the Dominican Republic also enter the U.S. duty-free under CAFTA-DR. The newly imposed tariffs are in addition to the tariff structures established under CAFTA-DR and could potentially override some of those benefits depending on the specific goods.   Dominican Republic's Perspective: The American Chamber of Commerce of the Dominican Republic (AmchamDR) has noted that the U.S.'s reciprocal tariff policy for several countries, including the Dominican Republic, is among the lowest at 10%. AmchamDR suggests that while the direct impact on the Dominican Republic might be less significant compared to countries facing higher reciprocal tariffs, it's essential to carefully evaluate the challenges and opportunities these measures may bring, especially considering that the U.S. is the Dominican Republic's most important bilateral trade partner.   Key Takeaway: Currently, most goods imported from the Dominican Republic into the United States are subject to a 10% tariff. The higher 25% reciprocal tariff that was threatened is on a 90-day pause until July 9, 2025. The existing duty-free provisions and phase-out schedules under the CAFTA-DR agreement also play a significant role in the overall tariff landscape between the two nations. Businesses should monitor developments closely as the situation could change after the 90-day pause ends.

US Negotiation Strategy

Based on the most recent data from 2024, the top imports to the United States from the Dominican Republic by value are: Optical, photo, technical, medical apparatus ($1.77 Billion) Tobacco and manufactures tobacco substitutes ($1.09 Billion) Electrical, electronic equipment ($1.04 Billion) Pearls, precious stones, metals, coins ($513.02 Million) Articles of apparel, knit or crocheted ($448.64 Million) Here's a look at which states in the U.S. can manufacture similar goods, along with examples of companies in those states: Optical, Photo, Technical, Medical Apparatus: Several states have strong medical device and optical equipment manufacturing industries:   Massachusetts: A major hub for medical device companies (e.g., Boston Scientific, Medtronic, Stryker have a presence).   California: Has a significant presence in medical devices and biotechnology (e.g., Abbott, Johnson & Johnson, Intuitive Surgical). Also has companies in optical equipment (e.g., Thorlabs, Edmund Optics). Minnesota: Known as "Medical Alley" with a high concentration of medical device manufacturers (e.g., 3M, Medtronic, Abbott have significant operations).   Indiana: Has a growing medical device manufacturing sector (e.g., Cook Medical, Zimmer Biomet).   Tobacco and Manufactured Tobacco Substitutes: North Carolina: Historically the center of tobacco production and still has significant manufacturing of tobacco products (e.g., Reynolds American, ITG Brands).   Virginia: Also has a long history of tobacco cultivation and manufacturing (e.g., Altria Group).   Kentucky: Known for tobacco growing and some manufacturing.   Electrical, Electronic Equipment: This is a broad category, but several states have strengths in different segments: California: A major center for technology and electronics, including semiconductors, computer equipment, and some electrical components (e.g., Intel, Apple, Qualcomm, Tesla for automotive electronics).   Texas: Has a growing technology and electronics manufacturing sector (e.g., Texas Instruments, Dell).   Massachusetts: Strong in electronics and high-tech manufacturing (e.g., Analog Devices, Raytheon Technologies for defense electronics).   Pearls, Precious Stones, Metals, Coins: This category is more specialized: New York: Has a significant jewelry industry, including the processing of precious stones and metals (many smaller and larger jewelry manufacturers in New York City). The US Mint also has facilities in Philadelphia, Pennsylvania, and Denver, Colorado.   Rhode Island: Has a history of jewelry manufacturing. Articles of Apparel, Knit or Crocheted: The US apparel manufacturing sector has shifted significantly over the years but some production remains: California: Focuses on higher-end fashion and some specialized apparel manufacturing (various smaller design and manufacturing houses).   North Carolina: Has a textile industry, including knitting and some apparel production (e.g., Hanesbrands, though much of their manufacturing is offshore now).   South Carolina: Also has a textile presence.   It's important to note that while these states have the capacity to manufacture similar types of goods, the scale and specific types of products might differ from those imported from the Dominican Republic. Additionally, many U.S. companies also have manufacturing operations in the Dominican Republic, often taking advantage of free trade zones and proximity to the US market. Examples of US companies with manufacturing in the Dominican Republic include Johnson & Johnson, Medtronic, Eaton, and Rockwell Automation, particularly in the medical device and electronic components sectors

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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