I watched the live stream also. Trump said he’d keep it simple and he did.
He’s basically charging half of whatever the other country is charging. Sounded pretty reasonable.
Yes we call it gst but essentially it’s a 15% sales tax whether it’s on imported goods or not. Thanks Adern.
Europes doubling down, bad idea I think, there’s a reason that 50% buffer was left open to adjust.
International markets have barely reacted, in fact there happy he’s erased the uncertainty around the whole idea. So a small blip in prices which people will absorb just like when ciggy tax or alcohol level goes up, life will go on.
I did go on customs website to try see our tariffs but it’s an unnavigable rabbit warren of sub menus on every product description. There’s more category’s than a pride march.
Pretty simple if you don’t want tariffs then don’t charge them on others.
Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket - Eric Hoffer
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