Subject: Re: albaby1 was right again...
...when he wrote that the Trump Tariffs would have to be more than 20%. So far, King Donald is holding up an impossible to read chart with reciprocal tariff rates that show China will face a 44 percent tariff on top of the 20 percent Trump has already imposed, while the European Union will be 20 percent. Japan will be 24 percent and India 26 percent.
Here's a clearer photo:
https://thehill.com/wp-content...
Looks like all of our major trading partners have tariffs greater than 20%. All the major markets are tanking after hours. That 32% tariff barrier on Taiwan is going to be particularly nasty for any company that uses chips, and why AAPL and TSMC are crashing in the after hours especially.