Re:US Administration announces 34% tariffs on China – 20% on EU
by matt-p on Thursday April 03, 2025 @06:56AM
(#43567783)
I think it's basically reciprocal adjusted for trade deficit, with a floor of 10%.
So obviously you'll end up with 10% on all sorts of places where you actually have a trade surplus and no tarrifs on your goods, or, yes, islands inhabited only by penguins.
Re:US Administration announces 34% tariffs on China – 20% on EU
by lostlogin on Thursday April 03, 2025 @06:51AM
(#43567734)
But some of those places aren’t even countries. As already stated - weird.
It’s almost like it wasn’t well thought out.
Re:US Administration announces 34% tariffs on China – 20% on EU
by blacklion on Thursday April 03, 2025 @06:59AM
(#43567811)
> It’s almost like it wasn’t well thought out.
Joke of the month.
Re:US Administration announces 34% tariffs on China – 20% on EU
by 4ggr0 on Thursday April 03, 2025 @07:51AM
(#43568287)
Thankfully this is the only thing which this administration hasn't thought out as well as it should have.
Only barely four years left, yaaaay!
Re:US Administration announces 34% tariffs on China – 20% on EU
by blacklion on Thursday April 03, 2025 @06:59AM
(#43567808)
For many countries patter look like ($USA-import - $USA-export)/$USA-import.
That's the only plausible explanation I can see. A human with any brains wouldn't put tariffs on islands only populated by penguins.
Doge should look into this inefficiency.