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US imposes 104% tariffs on Chinese goods effective immediately (m.economictimes.com)

submitted 2 months ago by mc900ftJesus@lemy.lol to c/world@quokk.au

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[–] LovableSidekick@lemmy.world 16 points 2 months ago* (last edited 2 months ago) (1 children)

I want to know what the discussion was like...

"105 percent are you crazy? That's too high!"

"But 103 won't send enough of a message!"

"Better order up some coffee, this could take all night."

[–] egrets@lemmy.world 5 points 2 months ago* (last edited 2 months ago) (1 children)

Apparently it was an arbitrary extra 50% on top of the recent 54%, which was the supposed trade deficit plus existing tariffs. I'm not saying it's not batshit, but the new figure wasn't a totally random specific number.

[–] Aussiemandeus@aussie.zone 1 points 2 months ago (1 children)

So isn't only somewhere around 72 percent from original?

[–] Pofski@lemmy.world 2 points 2 months ago

Now you're asking them to do correct calculations?