▲ 3 ▼ "Liberation Day" Trump’s Tariffs on Europe (i.postimg.cc) submitted 2 years ago* (last edited 2 years ago) by nuko147@lemm.ee to c/buyfromeu@feddit.org 6 comments fedilink hide all child comments kudos to s h i k o r a edit: complete list is here (4 pages long)
[–] Sunshine@lemmy.ca 0 points 2 years ago (2 children) Why such high tariffs on Moldova? They’re a poor nation. permalink fedilink source hideshow 2 child comments replies: [–] kandoh@reddthat.com 1 point 2 years ago It's the trade deficit masquerading as a tarrif - Moldova sells more than it buys from America because American stuff is expensive and Moldova can't afford to buy American goods so it gets hit with "reciprocal" tariffs on it's exports. permalink fedilink source parent [–] Aussiemandeus@aussie.zone 1 point 2 years ago I read somewhere that the theory is countries that don't purchase ad much from the us as the us buys from said country got more tarrifs because in trumps mind they're losing money. permalink fedilink source parent
[–] kandoh@reddthat.com 1 point 2 years ago It's the trade deficit masquerading as a tarrif - Moldova sells more than it buys from America because American stuff is expensive and Moldova can't afford to buy American goods so it gets hit with "reciprocal" tariffs on it's exports. permalink fedilink source parent
[–] Aussiemandeus@aussie.zone 1 point 2 years ago I read somewhere that the theory is countries that don't purchase ad much from the us as the us buys from said country got more tarrifs because in trumps mind they're losing money. permalink fedilink source parent