That means the largest, second largest and third largest regions of origin for US imports now all have ridiculously high tariff rates, on top of the sector and ressource specific ones like on copper
Consumer prices will skyrocket in the US unless these are reversed
hunglee2 · 37m ago
EU did not get anything from appeasing Trump
- Drop Digital Tax
- Ponied up war budgets to 5% of GDP (buying mainly US military equipment)
- Promise to buy more US LNG
Still hit with across the board 30% tariffs, with promise for raise more if there is retaliation.
rzzzwilson · 8m ago
Another day, another tariff, announced or withdrawn.
What else did he get for Christmas?
defrost · 31m ago
It's been good news for Australian <-> Chinese trade, Canadian <-> EU trade.
It's a shame US (non elite) taxpayers will bear the brunt of US tariff costs, the only light here is that maybe some of this will hit wallets hard before the US midterms.
raydenvm · 48m ago
He may easily cancel it in two weeks. With Trump, it's almost unpredictable how things will go.
Consumer prices will skyrocket in the US unless these are reversed
- Drop Digital Tax - Ponied up war budgets to 5% of GDP (buying mainly US military equipment) - Promise to buy more US LNG
Still hit with across the board 30% tariffs, with promise for raise more if there is retaliation.
What else did he get for Christmas?
It's a shame US (non elite) taxpayers will bear the brunt of US tariff costs, the only light here is that maybe some of this will hit wallets hard before the US midterms.