Re:US Administration announces 34% tariffs on China – 20% on EU
by patrickmcnamara on Thursday April 03, 2025 @03:36AM
(#43566143)
Just shipping goods through the UK does not make them UK-origin. They have to have a "substantial transformation".
Re:US Administration announces 34% tariffs on China – 20% on EU
by seydor on Thursday April 03, 2025 @03:44AM
(#43566217)
"Johnnie Walker Champagne"
Re:US Administration announces 34% tariffs on China – 20% on EU
by louthy on Thursday April 03, 2025 @07:38AM
(#43568162)
That’s good, but if you want the really good stuff: Rolls Royce Champagne
Re:US Administration announces 34% tariffs on China – 20% on EU
by ddouglascarr on Thursday April 03, 2025 @04:50AM
(#43566786)
Do you have a reference for this? If they’re requiring substantial transformation, how is this assessed and enforced?
Re:US Administration announces 34% tariffs on China – 20% on EU
by patrickmcnamara on Thursday April 03, 2025 @07:54AM
(#43568311)
It's pretty complicated and case-by-case, and I'm no expert.
https://www.trade.gov/rules-origin-substantial-transformatio...
Re:US Administration announces 34% tariffs on China – 20% on EU
by bitshiftfaced on Thursday April 03, 2025 @12:49PM
(#43572364)
In that example, the UK would soon run a trade surplus, and presumably the US would increase their tariff.
I try to sympathize with trump's deglobalization agenda but it is probably exactly what it seems to be : a colossal stupidity.