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 2 weeks ago by mc900ftJesus@lemy.lol to c/world@quokk.au
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[–] egrets@lemmy.world 5 points 2 weeks ago* (last edited 2 weeks 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.

[–] Aussiemandeus@aussie.zone 1 points 2 weeks ago (1 children)

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

[–] Pofski@lemmy.world 2 points 2 weeks ago

Now you're asking them to do correct calculations?