Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country.
Uruguay, with its strong, democratic legal system, has a relatively open, reliable trade and investment regime, with few border restrictions and limited use of non-tariff measures. Its trade strategy continues to liberalize trade and investment at both the multilateral and regional levels.
However, import taxes are relatively high compared to other countries and this raises prices on foreign products. Taxation of imports aims at increasing revenue, not protecting domestic production, given the low levels of manufacturing in Uruguay.