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Sun-Moon

(230 posts)
Mon May 12, 2025, 09:37 AM May 2025

Reducing to 30% tariff on goods from China is a beginning but still too high!

The way I understand this new agreement is the original tariffs from first Trump administration is still in effect. So it will be
Original duty + 7.5-25% first term increase + 20% fentanyl increase + 10% reciprocal tariff(90 days pause). So you could see over a 50% tariff on some goods.
This is still very high for small businesses.

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Reducing to 30% tariff on goods from China is a beginning but still too high! (Original Post) Sun-Moon May 2025 OP
Trump wants us to think a 30% tariff is a great deal because it isn't 145%. Ocelot II May 2025 #1
I share a real example here JustAnotherGen May 2025 #2

Ocelot II

(128,834 posts)
1. Trump wants us to think a 30% tariff is a great deal because it isn't 145%.
Mon May 12, 2025, 09:50 AM
May 2025

Don't buy his bullshit. He caved when China called his bluff. A 30% tariff on everything is still stupid and inflationary and he still doesn't understand tariffs.

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