#reciprocal-tariffs — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #reciprocal-tariffs, aggregated by home.social.
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Japan-India Elevates Bilateral Ties Amid a Shifting Global Environment
At a summit held in Tokyo on August 29, Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi u…
#Japan #JP #JapanNews #AI. #economicsecurity #India #Indo-Pacific #narendramodi #news #politics&security #quad #reciprocaltariffs #Semiconductor #ShigeruIshiba #tariffs #TokyoElectron #trump #xijinping
https://www.alojapan.com/1358154/japan-india-elevates-bilateral-ties-amid-a-shifting-global-environment/ -
US Concessions on Tariffs Offer Relief but Uncertainty Lingers in Japan
As President Donald Trump’s new reciprocal tariffs took effect on August 7, concern mounted in Ja…
#Japan #JP #JapanNews #donaldtrump #economy #HowardLutnick #Japanese #Japanesenews #longke #news #politics&security #reciprocaltariffs #RyoseiAkazawa #scottbessent #ShigeruIshiba #tariffs #trump #Trumptariffs #unitedstates
https://www.alojapan.com/1341247/us-concessions-on-tariffs-offer-relief-but-uncertainty-lingers-in-japan/ -
https://www.alojapan.com/1341247/us-concessions-on-tariffs-offer-relief-but-uncertainty-lingers-in-japan/ US Concessions on Tariffs Offer Relief but Uncertainty Lingers in Japan #DonaldTrump #economy #HowardLutnick #Japan #JapanNews #Japanese #JapaneseNews #LongKe #news #Politics&Security #ReciprocalTariffs #RyoseiAkazawa #ScottBessent #ShigeruIshiba #tariffs #trump #TrumpTariffs #UnitedStates As President Donald Trump’s new reciprocal tariffs took effect on August 7, concern mounted in Japan over what some saw as a departure from the terms o
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Trump’s Tariff Blitz: Will Japan Fold or Fight?
President Donald Trump has reignited global trade tensions by unveiling a series of letters on July 7, threatening to impose hefty tariffs on major trading partners, in…
#Japan #JP #JapanNews #cptpp #donaldtrump #economy #Japanese #Japanesenews #news #politics&security #reciprocaltariffs #ShigeruIshiba #shinzoabe #Softbank #tariffs #Toyota #tpp #trans-pacificpartnership
https://www.alojapan.com/1317327/trumps-tariff-blitz-will-japan-fold-or-fight/ -
Trump says South Korea, Japan to face 25% tariffs, warns against response – National
President Donald Trump on Monday placed a 25 per cent tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia. Trump provided notice of t…
#Japan #JP #JapanNews #canada #donaldtrump #news #reciprocaltariffs #tariffs #trumptradewar
https://www.alojapan.com/1316405/trump-says-south-korea-japan-to-face-25-tariffs-warns-against-response-national/ -
#Trump praises the #UK for exiting the #EuropeanUnion
"I think you made the right decision years ago," Trump says about #Brexit.
UK says it will get preferential treatment on #tariffs
The #US has agreed that the UK will get preferential treatment in any further tariffs imposed as part of 232 investigations, the British government said.
Work will continue on remaining sectors such as #pharmaceuticals & other #ReciprocalTariffs.
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#Trump praises the #UK for exiting the #EuropeanUnion
"I think you made the right decision years ago," Trump says about #Brexit.
UK says it will get preferential treatment on #tariffs
The #US has agreed that the UK will get preferential treatment in any further tariffs imposed as part of 232 investigations, the British government said.
Work will continue on remaining sectors such as #pharmaceuticals & other #ReciprocalTariffs.
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China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K - Key Takeaways:
China’s latest tariff hike is in direct response to the U.S. imposing hi... - https://cryptonews.com/news/china-hits-back-with-84-tariffs-on-us-goods-bitcoin-drops-to-76k/ #reciprocaltariffs #blockchainnews #bitcoin #china #news
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China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K - Key Takeaways:
China’s latest tariff hike is in direct response to the U.S. imposing hi... - https://cryptonews.com/news/china-hits-back-with-84-tariffs-on-us-goods-bitcoin-drops-to-76k/ #reciprocaltariffs #blockchainnews #bitcoin #china #news
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Capping a day dominated by a back and forth between the US and China, Donald Trump on Wednesday made two major announcements on tariffs, appearing to give most countries a breather but doubling down on his tough stance on Beijing.
#Trump #ReciprocalTariffs #MastIndia #MastodonIndians #India @mastodonindians
https://www.ndtv.com/world-news/trump-announces-90-day-pause-on-tariffs-for-most-countries-8127497 -
@per_sonne @cstross @StompyRobot @petealexharris @tbortels @Remittancegirl
Economics dorkery truly is a peak human experience!
#penguins #ai #tld #ReciprocalTariffs #balanceoftrade #morepenguins #cusma #reciprocity #BigHands
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@per_sonne @cstross @StompyRobot @petealexharris @tbortels @Remittancegirl
Economics dorkery truly is a peak human experience!
#penguins #ai #tld #ReciprocalTariffs #balanceoftrade #morepenguins #cusma #reciprocity #BigHands
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If it were truly #reciprocaltariffs, we’d be raising tariffs to whatever level that country was levying against our products, in a sort of a “we’re going to punish ourselves as badly as you’ve been punishing you” maneuver.
Instead, we’re basing US tariffs on trade imbalance and half the ratio we “overly” buy from another country, in sort of a “we’re going to punish you as badly as we’ve been punishing ourselves” maneuver
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#politics #trump #tariffs #reciprocaltariffs #manufacturing #unemployment
Heather Cox Richardson Economic Creationism 4/3/2025 -
#politics #trump #tariffs #reciprocaltariffs #manufacturing #unemployment
Heather Cox Richardson Economic Creationism 4/3/2025 -
#trump’s #reciprocaltariffs were not calculated using actual tariffs, why drop a global recession bomb?
#globalism: 80 years building a world economy, is a hate-invoking #fascist rally cry (with #woke,#DEI, and #immigrant )
Devalue the dollar, so the #USA will once again be cheap labor:
https://www.newyorker.com/news/the-financial-page/the-truth-about-donald-trumps-liberation-dayhttps://www.politico.com/news/2024/04/15/devaluing-dollar-trump-trade-war-00152009
#maga get their jobs back: they’ll be cheap labor! (But future manufacturing will use robots)
Risking king-dollar status: future deficits will be repaid in €
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#trump #reciprocaltariffs actually based on trade imbalance:
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Trump’s Tariff Tirade
I didn’t watch the speech tirade by “US President” Donald Trump* last night in which he unveiled his new tariff plan, but people have been talking about this all day so I couldn’t resist a quick comment. There’s a lot I don’t know about economics and trade policy but one thing I do know is that the trad-weighted average tariff on goods from the USA entering the EU is about 3%, not the 39% that Trump alleged. I did therefore wonder where he got this number and all his other “reciprocal tariffs” from. Fortunately a little digging around revealed the answer.
On the left you see part of the chart showing tariffs country-by-country and the second is an extract from the published methodology which would be hilarious were the consequences not so serious.
part of the list of “reciprocal tariffs”The magic formulaYou will see that the second column on the chart is headed “Tariffs charged on the USA”, with 39% listed for the European Union. This number is calculated using the “formula” on the right which has absolutely nothing to do with tariffs charged. Moreover, the denominator contains the product εφ with the values ε=4 and φ=0.25 given in the text so εφ = 1. The expert mathematician who derived this formulae seems to have missed the fact that ε is not less than zero (first sentence) if it is equal to 4, but we’ll let that pass. In fact I can’t be bothered to point out the other errors because no matter how egregious they are, there is no chance of Trumpty Dumpty reversing his decisions anyway.
To sum up, the notional tariff in column 2 is just the difference between imports and exports (the country’s trade surplus) divided by imports. The numbers in the third column of the chart on the left are just half those in the second column (give or take rounding errors and the fact that there is a minimum of 10%). China faces huge tariffs because it has a large trade surplus with the USA. The EU’s 20% tariff is nothing to do with the tariffs it charges but is due to the fact that it has a trade surplus with the USA; the UK has a lower tariff rate than the EU because it has a smaller trade surplus with the USA than the EU. That’s it.
I heard a Trump-supporting numpty attempting to justify the calculation shown in the chart on the grounds that it is really an “unfairness index”, it apparently being unfair and worthy of punishment if a country sells more to the USA than the USA sells to it. Following this line of reasoning, I have decided that all shops are unfair because I always buy more from them than they buy from me.
P.S. I was thinking that in future retaliation I should boycott goods from the USA but this would be an empty gesture because I don’t really buy any anyway. Looking up top imports from the USA to Ireland I find, for example, Bourbon (which I never buy because it is undrinkable) and confectionery (which I don’t buy because I don’t have a sweet tooth). Then I found peanuts, which I do buy occasionally, and will not buy in future. However in the grand scheme of world trade, peanuts are small potatoes.
*I apologize for forgetting to mention that Donald Trump is a convicted felon.
#China #ConvictedFelonDonaldTrump #DonaldTrump #EuropeanUnion #peanuts #ReciprocalTariffs #Tariffs
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Explaining how bad these reciprocal tariffs are | @destiny
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Explaining how bad these reciprocal tariffs are | @destiny
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Trump says India has agreed to cut tariffs ‘way down’ after being exposed
Donald Trump claims India will reduce tariffs significantly after being exposed for high trade barriers. Get the latest on US-India trade talks.
https://www.indiaweekly.biz/trump-says-india-has-agreed-to-cut-tariffs/
#Trump #Tariffs #India #Modi #USA #TrumpTariffs #reciprocaltariffs #TariffCut -
Trump says India has agreed to cut tariffs ‘way down’ after being exposed
Donald Trump claims India will reduce tariffs significantly after being exposed for high trade barriers. Get the latest on US-India trade talks.
https://www.indiaweekly.biz/trump-says-india-has-agreed-to-cut-tariffs/
#Trump #Tariffs #India #Modi #USA #TrumpTariffs #reciprocaltariffs #TariffCut -
Trump’s Congress Address | Reciprocal Tariffs On India From April 2
#Trump #CongressAddress #ReciprocalTariffs #India #April #MastIndia #MastodonIndians #India @mastodonindians
https://reddit.com/r/IndiaInvestments/comments/1j4181c/trumps_congress_address_reciprocal_tariffs_on/ -
Trump Announces Reciprocal Tariffs Starting From April 2
US PRESIDENT Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods.
https://www.indiaweekly.biz/donald-trump-reciprocal-tariffs-india-april2/
#DonaldTrump #Trump #TrumpTariffs #reciprocaltariffs #tariffs #tariffwar #USA #India #China #SouthKorea
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What are Trump's Reciprocal Tariffs and Who may be Hit? EXPLAINER
https://www.indiaweekly.biz/donald-trump-reciprocal-tariffs-explainer/
#DonaldTrump #trumptax #reciprocaltariffs #TrumpTariffs #USA
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#Trump May Unveil His Most Sweeping #Tariffs Today: What To Know About #ReciprocalTariffs—And #Inflation Impact https://www.forbes.com/sites/dereksaul/2025/02/11/trump-may-unveil-his-most-sweeping-tariffs-today-what-to-know-about-reciprocal-tariffs-and-inflation-impact/
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#Trump May Unveil His Most Sweeping #Tariffs Today: What To Know About #ReciprocalTariffs—And #Inflation Impact https://www.forbes.com/sites/dereksaul/2025/02/11/trump-may-unveil-his-most-sweeping-tariffs-today-what-to-know-about-reciprocal-tariffs-and-inflation-impact/
