cm0002@lemmy.world to Europe@feddit.orgEnglish · 2 days agoTrump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.www.rferl.orgexternal-linkmessage-square28fedilinkarrow-up1114arrow-down13
arrow-up1111arrow-down1external-linkTrump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.www.rferl.orgcm0002@lemmy.world to Europe@feddit.orgEnglish · 2 days agomessage-square28fedilink
minus-squarehappyjee@lemm.eelinkfedilinkEnglisharrow-up3·1 day agoGuess 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)
minus-squareTassieTosser@aussie.zonelinkfedilinkEnglisharrow-up6·1 day agoGuess 1 is correct. Someone on Reddit figured it out. Formula is: deficit divided by total us exports then the resulting percentage is halvedm
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
Thanks!
That makes total sense /s