2 ms·
For China maybe, I doubt any serious analysts were expecting this high of tariffs on most other countries, like Mexico, the UK, and Canada. The methodology of
by generj 2y ago
For China maybe, I doubt any serious analysts were expecting this high of tariffs on most other countries, like Mexico, the UK, and Canada.
The methodology of counting non-price barriers on certain goods then applying it across the board on all goods as tariffs is bonkers.
Doubtlessly they aren’t including all the non-price tariffs the US imposes on other countries either.
I’m extremely skeptical the EU has effective tariff rates of 40% on all US goods, and furthermore skeptical that if so the US doesn’t have countervailing effective tariff rates at the same rate.