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Europe@feddit.orgEnglish · 2 days ago

Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.

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Trump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.

cm0002@lemmy.world to

Europe@feddit.orgEnglish · 2 days ago

Trump Imposes 10 Percent Baseline Reciprocal Tariffs, 20 Percent On EU Imports

US President Donald Trump on April 2 announced reciprocal tariffs on US trading partners, including 20 percent on goods from the European Union, a move that some experts fear will set off a trade war and cause the world’s economy to tank.

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TassieTosser@aussie.zone
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1 day ago
Guess 1 is correct. Someone on Reddit figured it out. Formula is: deficit divided by total us exports then the resulting percentage is halvedm
- happyjee@lemm.ee
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  1 day ago
  Thanks!
  
  That makes total sense /s

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