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Re:Trump temporarily drops tariffs to 10% for most countries by SpicyLemonZest on Wednesday April 09, 2025 @02:34PM (#43635702)
The fundamental problem is that tariffs are a tax on the citizens of the country that charges them. Retaliatory tariffs that are high enough or specific enough to shape immediate consumption decisions can move the needle (which is why you do see such responses happening). A universal 10% tariff can affect its target in the long term, but as a short term measure it does nothing but take money out of the pockets of local businesses.

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