Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
Americans will be paying the tariffs, not foreign companies.
Well they’ll also be paying it in reduced revenue lmao everyone loses
Lol no , if anyone thinks that its the best indicator that they dont know first thing about corpos … theyll just jack the end price
Yes, but when things are expensive people buy them less and corporations make less money
I think he was just making a point about how outsized the price of the factory was. Like even if they had to pay the tariffs, it wouldn’t be worth it to build a factory, so it’s double stupid of Trump to do this.