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US imposes 104% tariffs on Chinese goods effective immediately
(m.economictimes.com)
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this post was submitted on 08 Apr 2025
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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."
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.
So isn't only somewhere around 72 percent from original?
Now you're asking them to do correct calculations?