3 ms·
US doesn't have the lowest overall tariff in the world, it is Japan who does among major countries. Talking about fairness, it is fair for US to print their ow
by tanilama 8y ago
US doesn't have the lowest overall tariff in the world, it is Japan who does among major countries.
Talking about fairness, it is fair for US to print their own currency and buy goods around the world, while other countries can't do the same? The reserve status of dollar doesn't come by itself, there is a price to pay, you can't have the cake and eat it.
- adventured 8y agoJapan has slightly lower average trade weighted tariffs than the US. Japan has nearly 200% higher agriculture tariffs than the US.
- selectodude 8y ago>Japan has nearly 200% higher agriculture tariffs than the US. Which have a lot of holes in them. The US sends thousands of tons of un-tariffed rice to Japan every year, which they then lock into a shed and let rot. Which is their prerogative, I guess.