You heard it here first
Announcement
Collapse
No announcement yet.
An accord for 100% tarifs against the US from the whole world
Collapse
X
-
I was relieved to hear that Lindt are going to export from Europe to Canada rather than continue to export from US factories to Canada. So the net cost of those reciprocal tariffs is that the US loses jobs, Canada has mildly more expensive (but now made in Europe so probably higher quality) chocolate, and Europe takes a small hit on costs but increases production / jobs in Europe.
Lindt to supply chocolate to Canada from Europe to sidestep tariff hit​
ZURICH (Reuters) - Swiss chocolate maker Lindt & Spruengli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher U.S. customs duties imposed by President Donald Trump.
President Trump announced new 25% tariffs on imports from Mexico and Canada would take effect from Tuesday, with Canadian Prime Minister Justin Trudeau saying Ottawa would respond with immediate 25% tariffs.
​One day Canada will rule the world, and then we'll all be sorry.
-
Originally posted by Bereta_Eder View PostYou heard it here firstSpeaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith
Comment
-
Seems Trumps tariffs include 10% tariffs on uninhabited islands, and a US military base. lol
Trump imposed tariffs on the uninhabited Heard and McDonald Islands in the sub-Antarctic Indian Ocean, Axios noted.​
The 10 percent levy was also imposed on the British Indian Ocean Territory, which only counts U.S. and U.K. service members as its inhabitants at the Diego Garcia base.​
One day Canada will rule the world, and then we'll all be sorry.
Comment
-
Trump is calling this discounted reciprocal tariffs
He's proposing a rate roughly half of what other countries charge our products.
and the world whines
f these countries
they drop their rates on our stuff and Trump drops his rates, we already have reciprocal 10% rates with a number of countries
Comment
-
Originally posted by Berzerker View PostTrump is calling this discounted reciprocal tariffs
He's proposing a rate roughly half of what other countries charge our products.
and the world whines
f these countries
they drop their rates on our stuff and Trump drops his rates, we already have reciprocal 10% rates with a number of countries
One day Canada will rule the world, and then we'll all be sorry.
Comment
-
your link says China's rate is higher than the USA
'As of early 2025, China’s average tariff on U.S. exports is approximately 22.6%, covering about 63% of U.S. goods (up from 8% before the U.S.-China trade war began in 2018).' grok
This doesn't include other trade barriers employed to limit foreign competition.
​
Comment
-
Originally posted by Berzerker View Postyour link says China's rate is higher than the USA
'As of early 2025, China’s average tariff on U.S. exports is approximately 22.6%, covering about 63% of U.S. goods (up from 8% before the U.S.-China trade war began in 2018).' grok
This doesn't include other trade barriers employed to limit foreign competition.
​
If you want to know how they are actually calculating it, consult this, from the Office of the President:
For the Presidential actions taken pursuant to his authority under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), see below:
It clearly indicates it is based on trade deficits and nothing to do with tariffs levied by other countries.One day Canada will rule the world, and then we'll all be sorry.
- Likes 1
Comment
-
Originally posted by Berzerker View PostTrump is calling this discounted reciprocal tariffs
He's proposing a rate roughly half of what other countries charge our products.
and the world whines
f these countries
they drop their rates on our stuff and Trump drops his rates, we already have reciprocal 10% rates with a number of countriesIndifference is Bliss
Comment
Comment