CUSTOMS & TRADE DEFINITION
Column 2 Statutory Tariff Rates
Authoritative Definition
Column 2 rates are statutory non-MFN tariff rates applied by the United States to imports originating in countries not enjoying normal trade relations (e.g. Cuba, North Korea, Russia, and Belarus).
Why It Matters in International Trade
Dramatically higher than Column 1 MFN rates, often reaching 45% to 90% ad valorem.