Trump temporarily drops tariffs to 10% for most countries

Re:Trump temporarily drops tariffs to 10% for most countries by mk89 on Wednesday April 09, 2025 @06:27PM (#43638711)

To allow free trade of certain goods which your country needs more.

This is why tariffs are much more flexible, because they allow you to, let's say, trade oil at a cheaper price, while pasta (widely produced in europe) at a higher price.

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Re:Trump temporarily drops tariffs to 10% for most countries by cwillu on Wednesday April 09, 2025 @07:40PM (#43639161)

Then you would just not tax those goods. We already do this with basic foodstuffs; this has nothing to do with tariffs.

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Re:Trump temporarily drops tariffs to 10% for most countries by wqaatwt on Thursday April 10, 2025 @12:40AM (#43640676)

So what you are suggesting is a reverse tariff? Punish local producers for manufacturing goods that we’d rather import.

Well.. that’s an idea.. I suppose..

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Re:Trump temporarily drops tariffs to 10% for most countries by the_gipsy on Thursday April 10, 2025 @03:52AM (#43641677)

VAT is never universal, different products already get different rates.

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Re:Trump temporarily drops tariffs to 10% for most countries by Zanfa on Thursday April 10, 2025 @04:16AM (#43641820)

VAT doesn't affect free trade in any way though. You're mixing up unrelated concepts.

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