Comment by darth_avocado
8 days ago
An interesting observation is that the tariffs are half of what the other country is charging. Does that mean this was a common strategy across the board? Or was strategic importance of goods considered?
8 days ago
An interesting observation is that the tariffs are half of what the other country is charging. Does that mean this was a common strategy across the board? Or was strategic importance of goods considered?
>the tariffs are half of what the other country is charging
And that figure is questionable. Read "including currency manipulation and trade barriers". This is the same presidency that believes the "EU was made to screw USA over", and accused them, Japan and practically every other major economy of manipulating their own currency to harm US. It's improbable that rate has any basis in reality, but surely a detailed breakdown of how they came to that number will be published.. not.
> And that figure is questionable.
It's made up. It's based on our trade deficit with them, which has absolutely nothing to do with tariffs.
Exactly. Calculation for actual figures is based on trade deficit, everything else is just a fat lie. "White House officials said its levies were reciprocal to countries, such as China, which it said charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways the government feels undermine American economic goals" (from BBC) Non-tariff barrier usually means regulation US exporters don't like, including data protection, EU not wanting to buy junk food from the US, most of which apply to EU companies the same way anyway... There is no point in asking for a reduction of these tariffs, and will probably never happen.
There’s a 0% chance other countries were charging tariffs across the board on US goods at the rates claimed.
The EU simply doesn’t charge 40% rates on the bulk of US goods. Let alone the random countries that all somehow have 10% tariff rates in the US.
It's even wild to consider that countries like Ecuador are taking advantage of the US. An absolutely absurd idea.
Let's not forget the biggest of EVILs, Lesotho, with its 50% tariff. Mr Trump has just noticed that they have cornered the US economy. (A strange coincidence, Trump has recently said nobody has ever heard of Lesotho being a country...)
The numbers are not accurate.
Yeah, no, those numbers in the left column are not correct.
The list of countries lists Taiwan separately from China, but also lists Heard Island separately from Australia.
Also includes British Indian Ocean Territory. The only people who live there are on a US military base on Diego Garcia.