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> The US will temporarily lower its tariffs on Chinese goods from 145% to 30%, while China will cut its levies on American imports from 125% to 10%, according t
by ammo1662 1y ago
> The US will temporarily lower its tariffs on Chinese goods from 145% to 30%, while China will cut its levies on American imports from 125% to 10%, according to the joint statement.
That's how propaganda works.
- suraci 1y ago[flagged]
- tromp 1y agoIf China reduced their tarriffs proportionally, they would be at (125/145)*30 = 25.862%, not 10%. It looks like the US demanded that they can always charge 20% higher tarriffs...
- mytailorisrich 1y agoI think it's because they both agreed to cancel the latest round of tariffs and to both lower them to 10%, instead, however the previous 20% imposed by the US (so-called "fentanyl tariff") is not included, which brings effective levels to 30% and 10%. This means a lower general rate that the US have imposed on Taiwan (32%), btw...
- ammo1662 1y agoYes. this statistics included the previously imposed 20% tariffs, but on China's side, it only included this newly added 125% without accounting for the previous countermeasures against the 20%. Though it's worth noting China's initial counter-tariffs only targeted key products, so the presentation isn't technically incorrect. That's why I said it is a good propaganda. They have a good diagram here: https://edition.cnn.com/2025/04/12/business/us-china-tariffs-trump-timeline-dg https://edition.cnn.com/2025/04/12/business/us-china-tariffs...