5 ms·

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 wa

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?

generj 2y ago
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.
0x_rs 2y ago
>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.
- astrange 2y ago
  > 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.
  - District5524 2y ago
    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.
qwertox 2y ago
It's even wild to consider that countries like Ecuador are taking advantage of the US. An absolutely absurd idea.
- District5524 2y ago
  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...)
Hikikomori 2y ago
The numbers are not accurate.
rsynnott 2y ago
Yeah, no, those numbers in the left column are not correct.
- astrange 2y ago
  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.

generj 2y ago

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.

0x_rs 2y ago

>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.

astrange 2y ago
> 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.
- District5524 2y ago
  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.

qwertox 2y ago

It's even wild to consider that countries like Ecuador are taking advantage of the US. An absolutely absurd idea.

District5524 2y ago
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...)

Hikikomori 2y ago

The numbers are not accurate.

rsynnott 2y ago

Yeah, no, those numbers in the left column are not correct.

astrange 2y ago
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.