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U.S. slaps 145% tariff on China in sharpest trade escalation yet
(www.thestreet.com)
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this post was submitted on 10 Apr 2025
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Is there any meaningful difference between 100% tarrif and 145%? I imagine a small niche of people able to swing the 100 but get blown out by 145.
as hasanabi says it anything like above 50% is functionally a trade embargo. doesn't matter if it's 100% or one morbillion percent no meaningful amount of trade can happen between the two unless for critical or very rare items. mass produced gamer slop is unfortunately neither.