Comment by willvarfar
8 days ago
Yes Trump has a history of announcing shocks and then quietly back-peddling etc. But the numbers come from the big placard he holds up. There are pics of his announcement holding his rate card in article if you scroll down.
Yeah, I’ve seen the boards he was holding up, but the fact that those numbers are not on the whitehouse.gov page and that they’ll be implemented a few days later makes me think they’re not final yet. Plus we don’t know if they’re in addition to or replace the existing China tariffs, for example.
They're absolutely in addition to.
We run a very small business (luckily just for side income). One of our suppliers expects prices to go up 45-55% by the time this is done. It sucks out loud because there are literally no suppliers from the US for the parts we need.
The admin has stated they are in addition to (totaling 54%).