10> 3.3.
It can be difficult to maintain your score as Donald Trump announces this and fly around weekly with the increase in tar or reducing tariffs or tariffs.
I’m still trying to find a Chinee scorecard.
However, UK/US scorecards are beginning to reveal scholarships. We lost.
Cato Institute’s Colin Recordow put it down nicely:
Last Thursday, the Trump administration announced its first trade deal since the tariff hike on April 2, but it is clear that higher tariffs will remain. The transaction, which was charged “historic” and “breakthrough” by the White House in the rear of the UK, improves trade terms compared to the recent weeks’ rapid upheaval. There is little to celebrate in line with the trade terms that Trump won when he took office in January.
Before Trump unleashed his tariffs, Americans enjoyed an average pay rate of 3.3 on imports. Currently, we arrive at 10% rates from the UK (obviously the lowest rates that US traders can expect). The duties on British automobile imports were only 2.5% in August, but four times higher (and that’s only the first 100,000 vehicles, with imports of cars above that number facing 25% tariffs). [DRH note: the tariffs on auto imports from Britain will be 4 times as much, not 4 times higher.]
For all the stories of tariff hiking as mere tactics, they are now a lasting feature of the trade landscape. President Trump is advertising an additional $6 billion in tariff revenue as one of the selling points of the US-UK deal further suggests their staying power.
It ensured that Trump had an epic strategy and ultimately that other countries had lower tariffs than they had before. Tariffs on imports from records have lower or even greater tariffs than before, not the Trump administration’s message. They settle to a minimum rate of 10% and SEM. 10 is 3.3 or higher.
Trump asks if he’s tired of all this victory. I’m certainly.
Addendum: Trump loves to say that “customers” is the most beautiful word in the dictionary. Try this experiment. Taxes are taxes. What do you think of Sub-Summon, who says “tax” is the most beautiful word in the dictionary?
