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We will join these industrial powerhouses.....
Stunning how quickly America will fall.
Puzzled by the UK’s position in this graph. It had the same external tariffs as the EU when it was a member and since leaving has no tariffs with the EU and has reduced a few with other countries.
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Sure it will
Some EU tariffs on US before Trump
Automobiles: 10%
Motorcycles: 6%
Apparel: Around 12%
Meat: Up to 58%
Dairy Products: Up to 49%
Vegetables: Up to 69%
Cereals: Around 35%
Sugar: Up to 58%
Wine: Approximately 13%
Fruits: Around 22%
Ethanol: €0.192 per liter
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Average tariff rate means nothing. Wtf do I care what the tariff rate of Germany is to South Korea?
The only true comparison is rate of US to various countries with their reciprocal rates.
“Industrialized country” half of those listed can’t even give you ice when you order water. The EU is useless and doesn’t produce anything.
Your chart is meaningless. EU countries like Spain trade tariff free in the EU but tariffs on US imports typically range from 15 to 50%
"industrialized country" is a misnomer,
Next to china, american industrial base is weak and inefficient
Quote
Evan Kirstel #B2B #TechFluencer
@EvanKirstel
TARIFF CHARTS ARE BS
Turns out those “tariffs on the US” aren’t tariffs at all — they’re just a weird way of expressing trade deficits as if they were tariffs.
EU: 128b deficit ÷ 333b imports = 38% = claimed tariff.
Japan: -46% deficit = 23% tariff.
Switzerland: -61% deficit =
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Another crazy chart to show how crazy this economic policy just might be.
Such BS..
Averages are for statisticians, fools and liars.
Why does the US care if Switzerland charges Sri Lanka 1% or France 5% if they are charging the US 61%!!!
Don’t be a 
and try a song and dance that because everybody else gives everyone but the US a sweetheart deal we
and try a song and dance that because everybody else gives everyone but the US a sweetheart deal we
This doesn't include non tariff barriers that most other countries have in place. Import quotas, currency manipulation, tax rebates on exports... There are a lot of ways other countries practice protectionism.
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La noche de ayer, el presidente Trump anunció que tendría una reunión con Canadá y México la mañana de hoy. ¿Qué se sabe? Te lo contamos. 
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estadiodeportes.mx/extracancha/Do,
La noche de ayer, el presidente Trump anunció que tendría una reunión con Canadá y México la mañana de hoy. ¿Qué se sabe? Te lo contamos.
#Trump #Sheinbaum #Aranceles
estadiodeportes.mx/extracancha/Do,
With today’s announcement, Evercore ISI puts the weighted-average tariff rate at 29%. That compares with about 20% after the Smoot-Hawley Act of 1930.
Anyone understand where his numbers from other countries are coming from? 39% for the EU??? Is he counting local sales taxes again?
Tariffs are bad but I don’t like this chart because it shows tariffs paid, not tariffs implemented. A country with a 1k% tariff on eggs implemented 10 years ago could be 0% on that chart.
You know what else we have the highest of? Trade deficit by like an order of magnitude greater than the #2 spot.
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Prices in a free market reflect the underlying scarcity of goods, consumer preferences, and production costs. Tariffs disrupt these signals and lead consumers and producers to make inefficient choices.
Yes, but trump believes that's a good thing and so, therefore, does MAGA.
Trump has just screwed over American consumers. It's a good thing consumerism is not a big part of our economy. 
It’s just a stepping off point designed to get countries to come to terms. Like today Vietnam saying they’ll drop their tariffs to zero . Do you understand that?
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Why the hell is the UK's 3.1%? We literally invented free trade, and we've got a serious growth problem. I say go the opposite direction to Trump and abolish tariffs. Free trade for all!
Tariffs half as high as those imposed against us.
Oh my tariffs are harmful. We must stop one part of these tariffs!
"Tarriffs Charged to USA based on Currency Manipulation and Trade Barriers" wake up you're going to have lots of legal work with justifying "USA discounted Reciprocal Tarriffs"
If only there was something they could do to eliminate the tariffs... like, maybe, eliminating THEIR tariffs.
Oh, right. There is.
They could eliminate their tariffs.
Are you saying it’s ok for other countries to place tariffs on American made products?
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Another lying professor. This is why college is not needed. They are just fed lies
Youre a fucking liar and fraud. This is not an actual representation of the tariffs. Dude just made some random chart and thought yeah this looks bad.
Thanks for posting. Let's stop calling the reciprocal. They are not. Trump went nuclear.
Not according to the charts provided by the administration.
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Wrong. Try again. After these reciprocal increases the US tariffs will be roughly half of those from our trading partners
You deindustrialized in 1980, Now is the time to solve the problem , not create them.
Now include tariffs against the US, and include the impact of trade barriers and VAT etc
It’s a good thing.
Money = Power
Power is a zero sum game.
In 1960s USA was 40% of world’s GDP and in 2016 USA was just 21% of world’s GDP.
All deliberate by GOP.
GOP wanted to break the middle class since Reagan. They want to return to the Robber Barons of the 1890s where white men were like kings.
A wholesale smack across the nose of the evil slave labor industrial operation the West has been gorging itself on for decades at the expense of its worker.
Lol.
What "rate" are you referring to?
Your chart doesn't say.
This wouldn't pass muster in a class of highschool students.
If Trump knew what an idiot he is he would step back immediately and for good.
I think that might be the point……. Their average tarrifs are that low but they charge the US more. You ever ask yourself why?
By doing half of what everyone else does to us? That means these countries are ONLY doing it to us and not imposing tariffs elsewhere.
That’s why we’re pissed
Do you know what the VAT Is? Do you know how other countries manipulate their currencies? You are a liar by omission
California has the nation’s highest housing costs. Some blame a housing shortage; others, government policies. We sit down with experts to explore what’s driving costs and discuss the state-mandated Housing Development initiative and why some cities push back.
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To me the most importing thing about today is that they knew what this would do to the market, and did it anyway.
If nothing else, that ought to tell you what time it is.
As a reminder, Congress could repeal all these tariffs tomorrow and take back the complete authority over tariffs and trade that the Constitution gives it. Every congressman who does not vote to do that is effectively choosing to support this massive tax on US consumers.
Quote
James Surowiecki
@JamesSurowiecki
Just brilliant. Because Indonesia has a high tax on coffee imports, Trump's going to put a 32% tax on coffee imports from Indonesia - even though the US exports no coffee to Indonesia (or most anywhere else). He literally does not understand the concept of comparative advantage.
CNBC anchor: "The market reaction after hours, I've never seen anything like, this is worse that the worst case scenario in terms of what the market expected"
