Jonás Fernández· S&D

Confirmed

According to the International Monetary Fund and the European Central Bank, Europeans impose shadow tariffs on themselves of around 40-60% of the cost in the goods market and over 100% or 110% for the services market

Omissions

• The exact figure for goods is approximately 44% according to IMF (2024), which falls within the 40-60% range mentioned by the MEP.
• The ECB estimate for services is approximately 115%, while the IMF estimate is 110%. The MEP cited 'over 100% or 110%', which aligns with both estimates.
• These figures refer to tariff-equivalent estimates of non-tariff barriers within the EU Single Market, not actual tariffs.
• The ECB article was published in 2026, after the session date, but cites IMF data from 2024 which the MEP could have known.

Sources

• PrimaryIMF - Europe's Choice: Policies for Growth and ResilienceIMF estimates suggest non-tariff barriers equivalent to approximately 44% tariff on average for goods trade within the EU Single Market
• PrimaryECB Economic Bulletin - What is the untapped potential of the EU Single Market?ECB estimates tariff-equivalent level of barriers around 115% for services; IMF (2024) estimates tariff equivalent around 110% for services
• SecondaryCEPR - No, the EU does not impose a 45% tariff on itselfThe IMF estimates that internal barriers within the Single Market are equivalent to a 45% tariff on goods and a 110% tariff on services