It seems like they have, generally speaking, made up the numbers by dividing the total value of imports vs exports with that country. So if the USA imports $200,000,000 of stuff from Switzerland and exports $100,000,000, they’re saying that that means Switzerland has 50% effective tariffs against America (no, this does not make any goddamn sense, but it appears to be what they’re doing), and then “reciprocating” with half of that number, so 25% tariffs on Switzerland. 10% is the floor which they’re applying no matter what… except for on Russia, apparently
The UK presumably imports more American stuff, proportionate to exports, than the EU does
Russia is sanctioned (for now at least). For UK and other countries, probably they played some games on closed doors, during the white house visiting. We will see, i don’t gonna be surprised if UK buys military equipment from USA (or more that they were planning of).
Does this mean Russia doesn’t get any tariffs at all? Also, why higher tariffs for Switzerland than the EU, but lower for the UK?
It seems like they have, generally speaking, made up the numbers by dividing the total value of imports vs exports with that country. So if the USA imports $200,000,000 of stuff from Switzerland and exports $100,000,000, they’re saying that that means Switzerland has 50% effective tariffs against America (no, this does not make any goddamn sense, but it appears to be what they’re doing), and then “reciprocating” with half of that number, so 25% tariffs on Switzerland. 10% is the floor which they’re applying no matter what… except for on Russia, apparently
The UK presumably imports more American stuff, proportionate to exports, than the EU does
Russia is sanctioned (for now at least). For UK and other countries, probably they played some games on closed doors, during the white house visiting. We will see, i don’t gonna be surprised if UK buys military equipment from USA (or more that they were planning of).
Not sure if accurate, but probably Nestle.
So that’s a good thing? I’m confused
“let them fight”