this post was submitted on 08 Apr 2025
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US imposes 104% tariffs on Chinese goods effective immediately (m.economictimes.com)
submitted 5 days ago by [email protected] to c/[email protected]
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[–] [email protected] 16 points 5 days ago* (last edited 5 days ago) (1 children)

I want to know what the discussion was like...

"105 percent are you crazy? That's too high!"

"But 103 won't send enough of a message!"

"Better order up some coffee, this could take all night."

[–] [email protected] 5 points 5 days ago* (last edited 5 days ago) (1 children)

Apparently it was an arbitrary extra 50% on top of the recent 54%, which was the supposed trade deficit plus existing tariffs. I'm not saying it's not batshit, but the new figure wasn't a totally random specific number.

[–] [email protected] 1 points 5 days ago (1 children)

So isn't only somewhere around 72 percent from original?

[–] [email protected] 2 points 5 days ago

Now you're asking them to do correct calculations?