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it worked! (lemmy.blahaj.zone)
submitted 2 weeks ago by not_IO to c/microblogmemes@lemmy.world
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[-] disguy_ovahea@lemmy.world 11 points 2 weeks ago

As of today, it’s 145% on Chinese imports.

Shortly after the Budget Lab’s original publication, the White House clarified that the 125% China tariffs were on top of, not inclusive of, the 20% IEEPA tariffs already in place, making the maximum rate on Chinese imports 145%. This report revises our numbers to reflect the clarified policy.

https://budgetlab.yale.edu/research/fiscal-and-economic-effects-revised-april-9-tariffs

[-] huppakee@lemm.ee 3 points 2 weeks ago

I expect them to get around this tarrif, but I have no clue how hard that will be for them. They also managed to stock up on cash in Ireland because they didn't want to move it to the US and that didn't seem to hurt them.

this post was submitted on 10 Apr 2025
260 points (100.0% liked)

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