how soon will Trump back down over tariffs

[MNW67]

Economists who spoke to POLITICO argue that the idea makes little sense — despite White House assertions that the European tax systems unfairly discriminate against American companies — because VATs are a tax on what consumers buy that treats products equally, regardless of where they are made.

“VAT is neutral with respect to trade,” said Erica York, vice president at the Tax Foundation, a policy group.

 

[gas112]

guess forbes never checked it either

Here’s The Full List Of Trump’s ‘Liberation Day’ Tariffs

Reciprocal tariffs the U.S. is imposing on other countries will range from a flat 10% rate to 50%, President Donald Trump announced.

www.forbes.com

 

[gas112]

So how does he get his figures? The only useful one is the average. Is there anything to show how he worked these figures out?

will ask again did he actually say that ?

 

[MNW67]

guess forbes never checked it either

Correct. From your link:

The tariffs charged to the U.S. include currency manipulation and trade barriers, according to information provided by the administration — though the percentages could not be independently verified:

 

[gas112]

cant see the actual taiwanese minister denying the 64% figure

Cabinet: New US tariff unreasonable

The Executive Yuan said today that thisthe new US tariff rate is highlyunreasonable and does not accurately reflect the Taiwan-U.S. trade situation.The gover...

www.icrt.com.tw

 

[IT Minion]

Here's one of the first people to work it out and it being confirmed by the White House.

https://twitter.com/x/status/1907654813271093596

https://twitter.com/x/status/1907600619420147833

 

[motorbiking]

 

[MNW67]

will ask again did he actually say that ?

I'm not claiming he did. Trump has provided no explanation for his figures! I am simply trying to make some sense of the 39% claim using the publicly available facts.

 

[Notch7]

guess forbes never checked it either

Here’s The Full List Of Trump’s ‘Liberation Day’ Tariffs

Reciprocal tariffs the U.S. is imposing on other countries will range from a flat 10% rate to 50%, President Donald Trump announced.

www.forbes.com

they are reporting what Twump claimed, it doesnt mean they agree with it

do you not understand?

 

[IT Minion]

No one gave the answer 'No' to the question of is MBK right wing?

 

[Notch7]

Fear mongering as per usual

poor gas112 cant admit his oranger hero Twump is gonna damage the UK economy....as well as the USA economy

 

[MNW67]

cant see the actual taiwanese minister denying the 64% figure

So, it looks like all Trump has done is to look at some figures showing that the USA imports 64% more from Taiwan that it exports to Taiwan. That is how he gets his 64% figure. This has absolutely nothing to do with tariffs. It is simply that other countries don't want to buy overpriced US crap. The figures do seem to make sense now.

 

[motorbiking]

No one gave the answer 'No' to the question of is MBK right wing?

nobody was asking.

 

[IT Minion]

nobody was asking.

Then up your meme game.

 

[gas112]

So, it looks like all Trump has done is to look at some figures showing that the USA imports 64% more from Taiwan that it exports to Taiwan. That is how he gets his 64% figure. This has absolutely nothing to do with tariffs. It is simply that other countries don't want to buy overpriced US crap. The figures do seem to make sense now.

doesnt look like anything of the sort
Repeat the Taiwanese are not disputing the figures in any of their responses