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Kim Perales /
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2025-04-08 21:37:41

Kim Perales on Nostr: Trump is set to impose a 104% in levies on Chinese imports on Wed -already set to see ...

Trump is set to impose a 104% in levies on Chinese imports on Wed -already set to see #tariffs⬆️by 34% as part of Trump’s “reciprocal” tariffs pkg +50% after CN didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tues adding: 84% in duties.

CN was America’s 2nd largest source of imports last yr, shipping: $439B worth of goods to the US. US: exported $144B to CN. Mutual tariffs threaten to hurt dom IDUs & result in #LAYOFFS.

#Idiocracy #USPol https://www.cnn.com/2025/04/08/business/trump-china-tariff
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