Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
Maybe the US will understand that these tariffs primarily do over thing: raise prices for their own citizens.
Living in the EU, I'm looking forward to the non-tariffed Switch 2.
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
US people will start to buy Chinese shitty products with dirty cheap prices now. Or find under the paper ways to get their products.
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Maybe the US will understand that these tariffs primarily do over thing: raise prices for their own citizens.
Living in the EU, I'm looking forward to the non-tariffed Switch 2.
Uhm, the EU has tarrifs on imports from outside the EU though? Obviously not as high as the US ones for the Asian countries here, but they are still there.
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Uhm, the EU has tarrifs on imports from outside the EU though? Obviously not as high as the US ones for the Asian countries here, but they are still there.
The point is that Orange Guy doesn't affect my Switch 2 pricing.
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
The Switch 2 is probably manufactured in China, so the 34% should apply, not the 46% from Japan, right? Not worst case but still ridiculous either way
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it’s gonna be rough.
The EU has a 20% tariff on Chinese electronics.
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Last time the US played this game, the great depression came about...
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Maybe the US will understand that these tariffs primarily do over thing: raise prices for their own citizens.
Living in the EU, I'm looking forward to the non-tariffed Switch 2.
The issue might be that this isn't actually a negative for the Trumpists. They want to control their population and making everyone poorer actually helps with that. It could lead to a large-scale rebellion, but I think the conservative brainwashing is far along enough that most conservatives and especially the MAGAs will just ignore it.
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
-
20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
Honest question: Why? Aren't these tariffs on US imports? And aren't most of them manufactured outside the USA anyway?
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Guess 1: calculation of trade deficit
Guess 2: based on taxes and fines (like the EU has 19% sales taxes on all its products)Either way: Japan did nothing to deserve this, lower or higher tariffs isn’t because favourability (this time)
Guess 1 is correct. Someone on Reddit figured it out. Formula is: deficit divided by total us exports then the resulting percentage is halvedm
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...and the rest of the world's faces while they're at it, unfortunately.
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They aren't reciprocal tariffs. Reciprocal tariffs are matched to an existing tariff from the target nation. That's what reciprocal means.
This idiot thinks trade is a zero sum game and therefore any import imbalance is theft.
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Guess 1 is correct. Someone on Reddit figured it out. Formula is: deficit divided by total us exports then the resulting percentage is halvedm
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America isn't punching itself, it's just the USA
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20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it's gonna be rough.
30% against Switzerland. Even though we don't have any tariffs against the USA (except for agricultural products).
Wtf
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You have accumulated too many morons. Flee while you still can.
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30% against Switzerland. Even though we don't have any tariffs against the USA (except for agricultural products).
Wtf
I guess the americans like their medicine even more expensive than the ridiculous profit margins our pharmaceuticals already claim?
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The Switch 2 is probably manufactured in China, so the 34% should apply, not the 46% from Japan, right? Not worst case but still ridiculous either way
Is it fully manufactured in China, or is the final assembly done in Japan/somewhere else? Because that would change the tarrif.
