logoalt Hacker News

cycomanic04/03/20250 repliesview on HN

Why are we talking reciprocal tariffs? It has been widely reported that the tariffs have been calculated based on trade deficit and not based on existing tariffs. That should alreadyy become clear by the fact that nobody in the western world has anywhere close to the same average tariffs, or that there are different rates for the EU and e.g. La Réunion (which is part of the EU and does not have the right to set their own tariffs).