Pic of graphic displayed at press conf with table of reciprocal tariff rates

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   AkaSci 🛰️ (akasci@fosstodon.org)'s status on Thursday, 03-Apr-2025 21:01:26 JST AkaSci 🛰️

   in reply to

   The trump regime announced the much expected tariff structure today.

   10% blanket tariff across the board. Much higher "reciprocal" tariffs against many countries.

   The reciprocal values are based on inflated numbers on tariffs charged by these countries for U.S goods.

   The gaslighting is in full force on how this will raise treasury revenues, so that they can justify the extension of the upper-class tax cuts in the upcoming budget.

   https://www.cnbc.com/2025/04/02/trump-tariffs-live-updates.html
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