0 sats \ 1 reply \ @Bell_curve 6h \ on: A Brief History of Tariffs and Stock Market Crises econ
The tariff amount matters. Is it 3 percent, 30 or 300?
Tariffs on steel are over 100 percent.
The commonly accepted 10% rate to bring in tariff money to the government is standard, over that is not fair, according to WTO.
When they are not fair, you can expect retaliation.
But, who is to say what fair is?
Fair is always in August!
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