Re:US Administration announces 34% tariffs on China – 20% on EU
by dev0p on Thursday April 03, 2025 @05:10AM
(#43566950)
The defending theory for that is that it doesn't allow for loopholes by trading through tax exempt countries.
It's certainly an interesting strategy. Let's see how it plays out.
Re:US Administration announces 34% tariffs on China – 20% on EU
by 4ndrewl on Thursday April 03, 2025 @05:15AM
(#43566996)
Except those islands are Australian territories. And they've given Australia higher tariffs, so in theory they could reduce these tariffs (which will be paid at least in part by US citizens) by exporting through there?
There's nothing strategic about a 4 column excel spreadsheet and one formula.
They slapped 10pct tariffs on the Heard and McDonald islands. Literally uninhabited islands in Antarctica.