Trade Wars and Tariffs

#6,052
#6,052
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#6,053
#6,053
MontyPython said:
Mkay. I'll bite.

When you say Trump recognizes when "the US is being taken advantage of and is taking a business-like approach instead of being the world’s charity"... What do you really mean by this?

Do you think that having a trade deficit with another country means we're being taken advantage of?

You're missing the big picture.

Take Bangladesh. Shithole country. We buy clothes and apparel from that country. They sell our importers shirts for $3 that would cost $30 to make here. You end up buying that shirt for $15 here at Walmart. Guess what... You just saved $15 over the American made shirt.

You. You saved money.

So guess what... Everybody figures out buying a shirt from Bangladesh saves money. Get the same quality shirt for a half the price. What happens? Demand for shirts from Bangladesh increases. We as a country end up buying a whole lot of shirts from Bangladesh which allow us to save a whole lot of f****** money.

But now the folks in Bangladesh... frankly 95% of them don't have two f****** sticks to rub together. The average person makes $3,000 a year.

Tell me... tell me exactly what someone who lives in Bangladesh is going to buy from us here in the United states. What products are we going to sell them that they can afford making $3,000 a year?

But wait by Trump's "logic"... they should be buying our Cadillacs at $70,000 a pop. Because if they don't, that means we'll end up buying more stuff from them than they buy from us... WHICH RESULTS IN A TRADE DEFICIT.

So do tell me how us buying cheap shirts from Bangladesh is a problem and tell me why people in Bangladesh should be buying our $70,000 Cadillacs to try to equalize our trade deficit.

Tell me how we're behaving like a charity when we buy shirts for 1/5th the price from Bangladesh. If anything people in Bangladesh will tell you how much you're taking advantage of their cheap labor.

Yes, we have a trade deficit with Bangladesh. But guess who actually benefits from that trade deficit (aka cheap labor)... you and me.

Trump's "solution" to this non-existent "problem"? Add a 30% tariff (TAX) to all goods imported from Bangladesh. Now that shirt is 30% more expensive. But wait... Bangladesh paid that new tariff right? We showed them.

WRONG.

You, sir. You get the honor of paying that extra 30% on that shirt you bought from Walmart.

And where does that new tariff money go?

Straight into the United States Treasury Department.

You just got new taxes up your ass and you're happy about it. WTF dude?

But Trump would argue that these tariffs will force industry to relocate here. That we'll have some sort of wackadoodle second industrial manufacturing revolution here in the United States. The ****? Okay those people over in Bangladesh... I just Googled it... the average Bangladesh citizen makes $0.70 an hour. What business owner in his or her right mind would relocate to the United States from Bangladesh to our country where minimum wage in many states is $15 an hour.

Ohhh... but Trump would argue that we can modernize everything and it'll be simplified and manufactured in a more streamlined fashion.

Bull ****ing ****. If that were the case it would already be happening here.

Right. Now.

We're being sold a bill of goods from a serial liar who is literally the dumbest president we've likely ever had.

BTW We tried tariffs in this country previously... 1920s. Shut down international trade and, in part, ushered in the Great Depression.

Any of this sinking in yet?
Click to expand...

It isn’t about $3 shirts from Bangladesh. If having 20% tariffs on those items is a serious problem then they can get negotiate a reduction or even an exclusion.

I think that things are quite different now than they were a hundred years ago. We now have a trade imbalance approaching a trillion dollars. You’re cherry picking one country with an imbalance of under $75 million/month.

Bangladesh burns fuel and eats. They can import more of those things from the US.

BTW, Bangladesh is one of the fastest growing economies in the world.
 
#6,054
#6,054
Had to buy a large back up battery from China for my Liftmaster garage door opener. The tariff can't be know exactly but based on AI searches was between 48 and 82 percent. It was $150, which seemed like a lot. Now I know why.

Have you paid a tariff, at least one you are reasonably sure you paid? How much and for what ?
 
#6,055
#6,055
lawgator1 said:
Had to buy a large back up battery from China for my Liftmaster garage door opener. The tariff can't be know exactly but based on AI searches was between 48 and 82 percent. It was $150, which seemed like a lot. Now I know why.

Have you paid a tariff, at least one you are reasonably sure you paid? How much and for what ?
Click to expand...
I wish you had to pay a tariff to post here..







simma down…
 
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#6,056
#6,056
lawgator1 said:
Had to buy a large back up battery from China for my Liftmaster garage door opener. The tariff can't be know exactly but based on AI searches was between 48 and 82 percent. It was $150, which seemed like a lot. Now I know why.

Have you paid a tariff, at least one you are reasonably sure you paid? How much and for what ?
Click to expand...
My company sources most of the product we sell from Germany and Italy. Like a couple million a year. So… we be payin’
 
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#6,058
#6,058
sounds like the lyrics to an Eric Clapton song

I paid the tariff..
but I did not shoot the deputy..

I paid the tariff..
but it was in self defense
 
#6,059
#6,059
I paid the tariff…

Now I want to shoot my customs broker.

Dumbarses were supposed to move a shipment of catalyst from Germany in bond to a FTZ because we had it earmarked to go to Canada. At 10% when they cleared it the tariff paid was about $35k. We have since shipped it on to Canada and filed a duty drawback claim but I feel like that money is gone for good while the CBP is raking us over the coals for more documentation.
 
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#6,060
#6,060
RavinDave said:
I paid the tariff…

Now I want to shoot my customs broker.

Dumbarses were supposed to move a shipment of catalyst from Germany in bond to a FTZ because we had it earmarked to go to Canada. At 10% when they cleared it the tariff paid was about $35k. We have since shipped it on to Canada and filed a duty drawback claim but I feel like that money is gone for good while the CBP is raking us over the coals for more documentation.
Click to expand...


I understand none of that but sounds like you're rich.
 
#6,062
#6,062
lawgator1 said:
Had to buy a large back up battery from China for my Liftmaster garage door opener. The tariff can't be know exactly but based on AI searches was between 48 and 82 percent. It was $150, which seemed like a lot. Now I know why.

Have you paid a tariff, at least one you are reasonably sure you paid? How much and for what ?
Click to expand...
Really good pot is still 180 bucks per ounce.
 
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#6,067
#6,067
lawgator1 said:
Had to buy a large back up battery from China for my Liftmaster garage door opener. The tariff can't be know exactly but based on AI searches was between 48 and 82 percent. It was $150, which seemed like a lot. Now I know why.

Have you paid a tariff, at least one you are reasonably sure you paid? How much and for what ?
Click to expand...
The price of batteries have exceeded inflation for the last few years based on mineral demand.
Is there something really special about that battery that it couldn’t be sourced locally? I think my openers might be similarly equipped.
 
#6,068
#6,068
Wireless1 said:
The price of batteries have exceeded inflation for the last few years based on mineral demand.
Is there something really special about that battery that it couldn’t be sourced locally? I think my openers might be similarly equipped.
Click to expand...

I am under no illusion it would be cheap but when it was so clearly labeled as coming from China and Amazon needed 6 days to get it to me, I wondered....
 
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#6,069
#6,069
Thunder Good-Oil said:
It isn’t about $3 shirts from Bangladesh. If having 20% tariffs on those items is a serious problem then they can get negotiate a reduction or even an exclusion.

I think that things are quite different now than they were a hundred years ago. We now have a trade imbalance approaching a trillion dollars. You’re cherry picking one country with an imbalance of under $75 million/month.

Bangladesh burns fuel and eats. They can import more of those things from the US.

BTW, Bangladesh is one of the fastest growing economies in the world.
Click to expand...
Your response fails to address the most important fact: A trade imbalance is NOT a problem, and Dumb Donald's solution to be "Tariff Man" (aka Tax Man) is comical. We all pay new taxes on imports and we end up with higher prices.

And, oh btw, your support of tariffs means you oppose free trade and that you want MORE GOVERNMENT REGULATION of your life, bro.

There's a reason our country abandoned this moronic approach nearly a century ago.

AI nails it better than I can...

A US trade imbalance, particularly a trade deficit, is not inherently a problem for several reasons:

1. **Mutual Benefit**: Trade deficits occur when the US imports more goods and services than it exports. This can reflect strong domestic demand and a robust economy, where consumers and businesses have the purchasing power to buy foreign goods. The exporting country benefits by earning US dollars, which can be reinvested in US assets like bonds or stocks, fostering global economic interdependence.

2. **Comparative Advantage**: Countries specialize in producing goods where they are most efficient. The US may import goods (e.g., electronics from China) where others have a cost advantage, while exporting high-value goods (e.g., aircraft, software) where it excels. This specialization boosts global efficiency and can lower costs for US consumers.

3. **Capital Flows**: A trade deficit is often offset by a capital account surplus. Foreign countries with trade surpluses often invest in US assets, such as Treasury bonds, real estate, or businesses. This inflow supports the US economy by financing investment and keeping interest rates lower.

4. **Currency Dynamics**: The US dollar’s status as the world’s reserve currency allows the US to sustain trade deficits without immediate pressure. Foreign countries hold dollars or dollar-denominated assets, maintaining demand for the currency, which mitigates concerns about imbalances.

5. **Not a Zero-Sum Game**: Trade imbalances are often framed as "losing" to another country, but trade is not zero-sum. Both nations can benefit—importers get affordable goods, exporters gain markets. For example, US consumers benefit from cheaper imported goods, which can increase their purchasing power and standard of living.

6. **Historical Context**: The US has run trade deficits for decades without catastrophic consequences. From 1980 to 2024, the US trade deficit averaged around 2-3% of GDP, peaking at 5.8% in 2006, yet the economy grew. This suggests deficits are manageable within a dynamic economy.

1000000263.png

### Potential Concerns:

- **Debt Accumulation**: Persistent deficits can increase foreign ownership of US assets, but this is sustainable as long as the US remains a desirable investment destination.
- **Job Displacement**: Some argue deficits harm industries like manufacturing. While specific sectors may face challenges, overall job losses are often offset by growth in other areas (e.g., services, technology) and lower consumer prices.
- **Currency Risk**: A massive, prolonged deficit could pressure the dollar, but the US’s economic size and institutional stability reduce this risk in the near term.

In summary, a trade imbalance reflects complex economic relationships, not a simple "problem." It can signal a strong economy, global integration, and efficient resource allocation, provided it remains sustainable and diversified.
 
Last edited:
#6,070
#6,070
RavinDave said:
I paid the tariff…

Now I want to shoot my customs broker.

Dumbarses were supposed to move a shipment of catalyst from Germany in bond to a FTZ because we had it earmarked to go to Canada. At 10% when they cleared it the tariff paid was about $35k. We have since shipped it on to Canada and filed a duty drawback claim but I feel like that money is gone for good while the CBP is raking us over the coals for more documentation.
Click to expand...
1000000264.jpg
 
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#6,071
#6,071
MontyPython said:
Your response fails to address the most important fact: A trade imbalance is NOT a problem, and Dumb Donald's solution to be "Tariff Man" (aka Tax Man) is comical. We all pay new taxes on imports and we end up with higher prices.

And, oh btw, your support of tariffs means you oppose free trade and that you want MORE GOVERNMENT REGULATION of your life, bro.

There's a reason our country abandoned this moronic approach nearly a century ago.

AI nails it better than I can...

A US trade imbalance, particularly a trade deficit, is not inherently a problem for several reasons:

1. **Mutual Benefit**: Trade deficits occur when the US imports more goods and services than it exports. This can reflect strong domestic demand and a robust economy, where consumers and businesses have the purchasing power to buy foreign goods. The exporting country benefits by earning US dollars, which can be reinvested in US assets like bonds or stocks, fostering global economic interdependence.

2. **Comparative Advantage**: Countries specialize in producing goods where they are most efficient. The US may import goods (e.g., electronics from China) where others have a cost advantage, while exporting high-value goods (e.g., aircraft, software) where it excels. This specialization boosts global efficiency and can lower costs for US consumers.

3. **Capital Flows**: A trade deficit is often offset by a capital account surplus. Foreign countries with trade surpluses often invest in US assets, such as Treasury bonds, real estate, or businesses. This inflow supports the US economy by financing investment and keeping interest rates lower.

4. **Currency Dynamics**: The US dollar’s status as the world’s reserve currency allows the US to sustain trade deficits without immediate pressure. Foreign countries hold dollars or dollar-denominated assets, maintaining demand for the currency, which mitigates concerns about imbalances.

5. **Not a Zero-Sum Game**: Trade imbalances are often framed as "losing" to another country, but trade is not zero-sum. Both nations can benefit—importers get affordable goods, exporters gain markets. For example, US consumers benefit from cheaper imported goods, which can increase their purchasing power and standard of living.

6. **Historical Context**: The US has run trade deficits for decades without catastrophic consequences. From 1980 to 2024, the US trade deficit averaged around 2-3% of GDP, peaking at 5.8% in 2006, yet the economy grew. This suggests deficits are manageable within a dynamic economy.

View attachment 761969

### Potential Concerns:

- **Debt Accumulation**: Persistent deficits can increase foreign ownership of US assets, but this is sustainable as long as the US remains a desirable investment destination.
- **Job Displacement**: Some argue deficits harm industries like manufacturing. While specific sectors may face challenges, overall job losses are often offset by growth in other areas (e.g., services, technology) and lower consumer prices.
- **Currency Risk**: A massive, prolonged deficit could pressure the dollar, but the US’s economic size and institutional stability reduce this risk in the near term.

In summary, a trade imbalance reflects complex economic relationships, not a simple "problem." It can signal a strong economy, global integration, and efficient resource allocation, provided it remains sustainable and diversified.
Click to expand...

You’re putting every tariff in the same bucket. Each country has its own arrangement.

Items covered by the USCM are tariff free. Except when the arrangement is abused. Like when there’s dumping or sourcing goods from from high tariff states to enable them the evade tariffs. Or when countries support adversaries by importing energy from them. Or by hitting our exports with VATs.
 
#6,072
#6,072
Thunder Good-Oil said:
You’re putting every tariff in the same bucket. Each country has its own arrangement.

Items covered by the USCM are tariff free. Except when the arrangement is abused. Like when there’s dumping or sourcing goods from from high tariff states to enable them the evade tariffs. Or when countries support adversaries by importing energy from them. Or by hitting our exports with VATs.
Click to expand...

For each of the following countries and/or products, please explain how the specific newly-imposed tariff benefits you and me as American consumers:

Below is the most complete list possible based on the data:

### **Baseline Tariff**

- **10% Universal Tariff**: Applied to all imports from nearly all U.S. trading partners, effective April 5, 2025, unless otherwise specified or exempted (e.g., USMCA-compliant goods or specific product exemptions). This applies to over 150 countries, including small nations like Bahrain and uninhabited territories like the Heard and McDonald Islands.[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/)

### **Country-Specific Reciprocal Tariffs**

- **Brazil**: 50% (40% reciprocal + 10% baseline, with additional penalties tied to political issues, e.g., treatment of Jair Bolsonaro).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)

- **India**: 50% (25% reciprocal + additional 25% for purchasing Russian oil, effective August 28, 2025).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)

- **Canada**: 35% (for non-USMCA-compliant goods; energy and potash at 10%).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.cbp.gov/newsroom/announcements/official-cbp-statement-tariffs)

- **China**: 10% (reduced from 125% during a 90-day negotiation period ending August 12, 2025; includes 20% fentanyl-related tariffs). Previously peaked at 145% (125% reciprocal + 20% baseline/fentanyl).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **European Union**: 15% (negotiated down from a threatened 50%, with some goods like autos at lower rates).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **United Kingdom**: 10% (lowest among major partners; steel and aluminum tariffs reduced to 0% for first 100,000 auto imports).[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **South Korea**: 15% (negotiated rate).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Japan**: 15% (negotiated rate).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Taiwan**: 20%.[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Vietnam**: 20% (down from 46% after negotiations).[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **Sri Lanka**: 20% (down from 44%).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **Cambodia**: 19% (down from 49%).[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)

- **Indonesia**: 19% (down from 30% for ethanol).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)

- **Malaysia**: 19%.
- **Pakistan**: 19%.
- **Thailand**: 19%.
- **Switzerland**: 39%.
- **Myanmar**: 40%.
- **Laos**: 40%.
- **New Zealand**: 15%.
- **Israel**: 15%.
- **Turkey**: 15%.
- **Venezuela**: 15% (plus 25% for countries buying Venezuelan oil, affecting nations like China).[](https://www.pbs.org/newshour/economy/a-timeline-of-trumps-tariff-actions-so-far)
- **Cameroon**: 15%.
- **Chad**: 15%.
- **Bolivia**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Ecuador**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Iceland**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Nigeria**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Madagascar**: 47%.[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Mexico**: Current rates (not specified, likely 10% baseline) for 90 days from April 9, 2025, pending negotiations to avoid a 35% tariff. USMCA-compliant goods are exempt.[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Small Deficit Nations**: 15–20% (for over 150 countries with smaller trade volumes, e.g., Bahrain, under a standardized tariff policy).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)

### **Sector-Specific Tariffs**

These apply regardless of country of origin, unless exemptions are noted:

- **Steel and Aluminum**: 25% (increased from 10% for aluminum on March 12, 2025; UK steel at 0% for limited quantities).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)

- **Semi-Finished Copper and Copper Derivatives**: 50% (effective August 1, 2025; applies only to copper content).[](https://www.tradecomplianceresourcehub.com/2025/08/06/trump-2-0-tariff-tracker/)[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)

- **Automobiles and Auto Parts**: 25% (effective April 3, 2025; UK first 100,000 autos at 10%).[](https://www.tradecomplianceresourcehub.com/2025/08/06/trump-2-0-tariff-tracker/)[](https://www.pbs.org/newshour/economy/a-timeline-of-trumps-tariff-actions-so-far)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **Semiconductors**: 100% (announced August 7, 2025; exempted for companies manufacturing in the U.S.).

- **Steel-Derivative Household Appliances**: 50% (e.g., refrigerators, dryers, washing machines, effective June 23, 2025; applies to steel content only).[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)
 
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#6,073
#6,073
MontyPython said:
For each of the following countries and/or products, please explain how the specific newly-imposed tariff benefits you and me as American consumers:

Below is the most complete list possible based on the data:

### **Baseline Tariff**

- **10% Universal Tariff**: Applied to all imports from nearly all U.S. trading partners, effective April 5, 2025, unless otherwise specified or exempted (e.g., USMCA-compliant goods or specific product exemptions). This applies to over 150 countries, including small nations like Bahrain and uninhabited territories like the Heard and McDonald Islands.[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/)

### **Country-Specific Reciprocal Tariffs**

- **Brazil**: 50% (40% reciprocal + 10% baseline, with additional penalties tied to political issues, e.g., treatment of Jair Bolsonaro).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)

- **India**: 50% (25% reciprocal + additional 25% for purchasing Russian oil, effective August 28, 2025).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)

- **Canada**: 35% (for non-USMCA-compliant goods; energy and potash at 10%).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.cbp.gov/newsroom/announcements/official-cbp-statement-tariffs)

- **China**: 10% (reduced from 125% during a 90-day negotiation period ending August 12, 2025; includes 20% fentanyl-related tariffs). Previously peaked at 145% (125% reciprocal + 20% baseline/fentanyl).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **European Union**: 15% (negotiated down from a threatened 50%, with some goods like autos at lower rates).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **United Kingdom**: 10% (lowest among major partners; steel and aluminum tariffs reduced to 0% for first 100,000 auto imports).[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **South Korea**: 15% (negotiated rate).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Japan**: 15% (negotiated rate).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Taiwan**: 20%.[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Vietnam**: 20% (down from 46% after negotiations).[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **Sri Lanka**: 20% (down from 44%).[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)

- **Cambodia**: 19% (down from 49%).[](https://www.cbsnews.com/news/trump-reciprocal-tariffs-liberation-day-list/)

- **Indonesia**: 19% (down from 30% for ethanol).[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)

- **Malaysia**: 19%.
- **Pakistan**: 19%.
- **Thailand**: 19%.
- **Switzerland**: 39%.
- **Myanmar**: 40%.
- **Laos**: 40%.
- **New Zealand**: 15%.
- **Israel**: 15%.
- **Turkey**: 15%.
- **Venezuela**: 15% (plus 25% for countries buying Venezuelan oil, affecting nations like China).[](https://www.pbs.org/newshour/economy/a-timeline-of-trumps-tariff-actions-so-far)
- **Cameroon**: 15%.
- **Chad**: 15%.
- **Bolivia**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Ecuador**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Iceland**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Nigeria**: 15%.[](https://www.nytimes.com/interactive/2025/07/28/business/economy/trump-tariff-tracker.html)
- **Madagascar**: 47%.[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Mexico**: Current rates (not specified, likely 10% baseline) for 90 days from April 9, 2025, pending negotiations to avoid a 35% tariff. USMCA-compliant goods are exempt.[](https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/)[](https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514)

- **Small Deficit Nations**: 15–20% (for over 150 countries with smaller trade volumes, e.g., Bahrain, under a standardized tariff policy).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)

### **Sector-Specific Tariffs**

These apply regardless of country of origin, unless exemptions are noted:

- **Steel and Aluminum**: 25% (increased from 10% for aluminum on March 12, 2025; UK steel at 0% for limited quantities).[](https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)

- **Semi-Finished Copper and Copper Derivatives**: 50% (effective August 1, 2025; applies only to copper content).[](https://www.tradecomplianceresourcehub.com/2025/08/06/trump-2-0-tariff-tracker/)[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)

- **Automobiles and Auto Parts**: 25% (effective April 3, 2025; UK first 100,000 autos at 10%).[](https://www.tradecomplianceresourcehub.com/2025/08/06/trump-2-0-tariff-tracker/)[](https://www.pbs.org/newshour/economy/a-timeline-of-trumps-tariff-actions-so-far)[](https://budgetlab.yale.edu/research/state-us-tariffs-may-12-2025)

- **Semiconductors**: 100% (announced August 7, 2025; exempted for companies manufacturing in the U.S.).

- **Steel-Derivative Household Appliances**: 50% (e.g., refrigerators, dryers, washing machines, effective June 23, 2025; applies to steel content only).[](https://www.china-briefing.com/news/us-china-tariff-rates-2025/)
Click to expand...
They dont. Hidden tax. That's all it is. Pro tariff dullards cant wrap their minds around they've been cheering for the government to fleece their paychecks even more. Wait till their diabeetus med costs go up..
 
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#6,074
FLVOL_79 said:
They dont. Hidden tax. That's all it is. Pro tariff dullards cant wrap their minds around they've been cheering for the government to fleece their paychecks even more. Wait till their diabeetus med costs go up..
Click to expand...

It's mind-boggling how invested and/or brainwashed some MAGA folks have become. TDS has many forms.

1000000267.jpg
 
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