cm0002@lemmy.world to Europe@feddit.orgEnglish · 2 months agoTrump Signs Order Imposing 10 Percent Baseline Reciprocal Tariffs, 20 Percent On Imports From EU.www.rferl.orgexternal-linkmessage-square25linkfedilinkarrow-up1110cross-posted to: BoycottUnitedStates@europe.pubEurope@europe.pub
arrow-up1110external-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 months agomessage-square25linkfedilinkcross-posted to: BoycottUnitedStates@europe.pubEurope@europe.pub
minus-squarehappyjee@lemm.eelinkfedilinkEnglisharrow-up3·2 months 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-up6·2 months agoGuess 1 is correct. Someone on Reddit figured it out. Formula is: deficit divided by total us exports then the resulting percentage is halvedm
minus-squarehappyjee@lemm.eelinkfedilinkEnglisharrow-up1·2 months agoThanks! That makes total sense /s
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