-And Now It's Reciprocal Tariff Time...

[theotherwaldo]

I was going over the pre-existing tariffs that Canada imposed on the U. S. - before the 25% hikes.

• Milk 270%
• Cheese 245%
• Butter 298%
• Chicken 238%
• Sausages 69.9%
• Barley seeds 57.8%
• Bovine/meat 26.5%
• Cars 25%
• Steel 25%
• aluminum 45%
• Copper 48%
• HVAC equipment 45%
• Vacuums 35%
• Cable boxes 35%
• TVs 45%
• Fish 100%
• Tobacco 100%
• Consumer goods 30%
• Lumber 20%

This sounds a bit excessive to me.
I say, free trade with free traders.
All others should pay tariffs...

 

[theotherwaldo]

Now China decided that they weren't going to resist our 145% plus blanket tariffs.
For the next 90 days, they will drop to 30% for most products, while their teriffs on the US drop to 10%
And Great Britain is seeing the light of free(r) trade, as well...

 

[theotherwaldo]

And now Trump threatens a 50% tariff on the E,U and a 25% tariff on Apple products that are not made in the U.S....

 

[theotherwaldo]

-And it looks like the E.U. is willing to make a deal...

 

[theotherwaldo]

And now the three-judge panel at the Court of International Trade in New York has blocked almost all of Trump's tariffs - for now.

 

[theotherwaldo]

And now a Court of Appeals has blocked that court's ruling until June 9th...

 

[theotherwaldo]

The press and the anti-Trumpers keep repeating the line TACO Trade, meaning that Trump Always Chickens Out on his tariffs.
Don't they understand how negotiations and the art of the deal work?