https://www.ft.com/content/78c4bf13-cd45-456d-8ebe-4336e03f1a3a
One interesting bit is the 10% flat rate. It hits mostly countries that
the US has a trade surplus with.
"According to its own trade figures, the US has a trade deficit with
only 14 of the 122 countries being handed the 10 per cent tariff".
You might call the minimum rate as the "I hate everybody" tariff.
I believe Trump does hate everybody. The non-billionaire Americans too.
I'm still watching this with disbelief.
--
“We need to acknowledge he let us down. He went down a path he shouldn’t have, and we shouldn’t have followed him. We shouldn’t have listened to him, and we can’t let that happen ever again”.
-- Nikki Haley
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