5 ms·
10% is still a lot. Counter tariffs will still happen.
by yxhuvud 2y ago
10% is still a lot. Counter tariffs will still happen.
- MaxHoppersGhost 2y agoEU and many other counties have already had tariffs on the US for a long time.
- knowaveragejoe 2y ago* EU and many other counties have had comparatively small and targeted tariffs on the US for a long time
- IX-103 2y agoJust like the US has had small and targeted tariffs on the EU for a long time (such as pickup trucks).
- acdha 2y agoYou’ve been repeating that a lot but as many people have corrected you, they’re nothing like this broad or high: only 1%, and that’s balanced by the EU’s trade deficit on services since we don’t make things like good cars for Europe but they buy a lot of software, entertainment, etc. https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_541 https://ec.europa.eu/commission/presscorner/detail/en/qanda_...
- regularjack 2y agoOn specific products
- jollyllama 2y agoWould triggering counter tariffs be deflationary as net result will be less money coming into the US?
- digianarchist 2y ago10% only applies to countries that have not retaliated. I assume (dangerous in these times) that any retaliation will cause reinstatement of the previous rates.
- askvictor 2y agoThe UK and Australia, which had 10% from the start, and didn't retaliate, get... 10%. Brilliant.
- l33tbro 2y agoGangs typically don't respect you if you don't fight back. This is a mob administration at this point.
- codedokode 2y agoWell if the countries don't take any action, doesn't it mean that they believe current situation is better than any other choice (and anyway, the tariffs will be paid by American buyers) and therefore the previous tariffs were too low?