Comment on China now faces 245% Trump tariff
buddascrayon@lemmy.world 3 days agoYour point is fairly good but you need to recheck your math. At 145% a $10 product will be $24.50. At 245% it’s gonna be $34.50. And that doesn’t even take into account additional federal, state, and local taxes.
Ajen@sh.itjust.works 2 days ago
Non-tarrif taxes would apply equally to foreign and domestic goods and can be ignored when comparing prices.