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Halls of Shrewd'm / US Policy
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Author: albaby1 🐝 HONORARY
SHREWD
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Number: of 48447 
Subject: Re: albaby1 was right again...
Date: 04/02/2025 5:12 PM
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No. of Recommendations: 6
...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/uploads/sites/2/202...

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.
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