And the US has a 25% tariff on F150s (light duty vehicles).
You can go tit for tat down the line, but all in all the numbers I gave you are the sum of everything.
Heavy tariffs won’t bring an equilibrium. It will only make imported goods expensive and allow the existing domestic producers to become laze and uncompetitive, all in all zeroing their export value.
You can go tit for tat down the line, but all in all the numbers I gave you are the sum of everything.
Heavy tariffs won’t bring an equilibrium. It will only make imported goods expensive and allow the existing domestic producers to become laze and uncompetitive, all in all zeroing their export value.