2 ms·
Can someone (or a link) explain how these tariffs actually work in practice? As in, what does "25% tariffs on $16B" mean, exactly?
by ipince 8y ago
Can someone (or a link) explain how these tariffs actually work in practice?
As in, what does "25% tariffs on $16B" mean, exactly?
- drexlspivey 8y agoIt means that if your product is affected, upon entering China a 25% levy must be paid, effectively making it's price 25% more expensive.
- seren 8y ago$16B is an estimation of the value of the imported goods in recent years that will be affected by that tariff.