🇹🇹 Trinidad and Tobago vs 🇨🇱 Chile Tariffs — Import Duty Comparison (2026)

Comparing import tariffs between Trinidad and Tobago and Chile reveals key differences that can significantly impact landed costs for US importers.

Trinidad and Tobago has a lower effective tariff rate (10%) compared to Chile (12.5%), a difference of 2.5%.

These countries have largely distinct export profiles to the United States, serving different market segments.

In terms of trade volume, Trinidad and Tobago accounts for approximately $6B in bilateral trade with the US, compared to Chile's $30B.

Both countries are subject to the Section 301 forced-labor tariff that replaced the flat 10% Section 122 rate on July 24, 2026 — a two-tier 10%/12.5% duty on roughly 60 economies (about 99.4% of US imports by value), broader than the earlier 46-country proposal. Section 122 had itself replaced the IEEPA tariffs struck down by the Supreme Court. In August 2026, 25 states sued to block the forced-labor tariff, but CBP continues collecting it while the case proceeds.

Trinidad and Tobago's advantages include: Lower overall tariff rate (10% vs 12.5%); Unique export categories: Petroleum, Liquefied natural gas, Methanol. Chile's advantages include: Trade agreement: US-Chile FTA (duty-free on qualifying goods); Higher US trade volume ($30B vs $6B); Unique export categories: Copper, Lithium, Salmon.

For most product categories, Trinidad and Tobago currently offers lower import costs due to its tariff advantage. However, importers should consider factors beyond tariffs including shipping costs, lead times, quality standards, and supply chain reliability.