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Kimberly Clausing
kclausing.bsky.social
did:plc:acyqnbciik64lfpxx7yabuxd
For those listening to this rant, those numbers are not tariffs. The European Union, e.g., has weighted average tariff rates of ~ 3% and arguably lower on US goods. So they are clearly including VATs and who knows what else? This false reciprocity is nonsense. For more:
https://www.piie.com/blogs/realtime-economics/2025/reciprocity-and-discrimination-when-are-tariffs-useful-remedies
2025-04-02T20:33:17.202Z