"Personally I think it's a mistake but hot takes "they have no idea what's coming" are I believe naive."
They slapped 10pct tariffs on the Heard and McDonald islands. Literally uninhabited islands in Antarctica.
The defending theory for that is that it doesn't allow for loopholes by trading through tax exempt countries.
It's certainly an interesting strategy. Let's see how it plays out.
The defending theory for that is that it doesn't allow for loopholes by trading through tax exempt countries.
It's certainly an interesting strategy. Let's see how it plays out.