Trump tariffs countries at half the rate they tariff the US - solution, everybody just stop levelling tariffs!
From here:
Trump announces reciprocal tariffs at 'Liberation Day' event | Just The News
The key paragraph is this one:
“Trump further showed a chart to the crowd displaying the tariff rates he planned to apply to each nation.
China, which tariffs U.S. goods at a rate of 67%, will be tariffed 34%.
Countries in the European Union which tariff U.S. goods at a rate of 39%, will be tariffed 20%.
Vietnam will be tariff(ed) at 46%, Taiwan at 32%, Japan at 24%, India at 26% and South Korea at 25%.
The chart included more 20 nations. “
There is no specific mention of Canada, Mexico, Middle East, South America or Australia in the article.
We do have this for the UK, from here:
Trump tariffs latest: Donald Trump unveils 10% tariffs on UK imports amid fears of global trade war
“Donald Trump ignited fears of a global trade war on Wednesday as he unveiled tariffs on imports from dozens of countries, including a 10 per cent levy on UK imports.”
Not forgetting this:
“Donald Trump's 25 per cent tariffs on US car imports from Wednesday could put 25,000 UK jobs in the automotive manufacturing sector at risk, a think tank has warned. “
On the flip side there is this:
“Already in his second term, investments into the U.S. economy by entities such as Oracle, SoftBank, Apple, and NVIDIA have reached nearly $5 trillion.
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Onwards!!!