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<blockquote data-quote="Mad as Fish" data-source="post: 130540" data-attributes="member: 396"><p>Trump imposing such a wide sweeping range of stiff tariffs upon the rest of the world is akin to lobbing a hand grenade into aunty's fish pond, what will we see dead in the water and and how is the remaining ecology going to adapt?</p><p></p><p>The BBC, for all its faults, published a brief summary</p><p></p><p></p><p><em>In a background call before Trump's speech, a senior White House official told reporters that the president would impose a "baseline" tariff on all imports to the US.</em></p><p><em>That rate is set at 10% and will go into effect on 5 April.</em></p><p><em>It is the companies that bring the foreign goods into the US that have to pay the tax to the government, although this could have knock-on effects to consumers.</em></p><p><em>Some countries will only face the base rate. These include:</em></p><ul> <li data-xf-list-type="ul"><em>United Kingdom</em></li> <li data-xf-list-type="ul"><em>Singapore</em></li> <li data-xf-list-type="ul"><em>Brazil</em></li> <li data-xf-list-type="ul"><em>Australia</em></li> <li data-xf-list-type="ul"><em>New Zealand</em></li> <li data-xf-list-type="ul"><em>Turkey</em></li> <li data-xf-list-type="ul"><em>Colombia</em></li> <li data-xf-list-type="ul"><em>Argentina</em></li> <li data-xf-list-type="ul"><em>El Salvador</em></li> <li data-xf-list-type="ul"><em>United Arab Emirates</em></li> <li data-xf-list-type="ul"><em>Saudi Arabia</em></li> </ul><h2><em>Custom tariffs for 'worst offenders'</em></h2><p><em>White House officials also said that they would impose what they describe as specific reciprocal tariffs on roughly 60 of the "worst offenders".</em></p><p><em>These will go into effect on 9 April.</em></p><p><em>Trump's officials say these countries charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways they feel undermine American economic goals.</em></p><p><em>The key trading partners subject to these customised tariff rates include:</em></p><ul> <li data-xf-list-type="ul"><em>European Union: 20%</em></li> <li data-xf-list-type="ul"><em>China: 54%</em></li> <li data-xf-list-type="ul"><em>Vietnam: 46%</em></li> <li data-xf-list-type="ul"><em>Thailand: 36%</em></li> <li data-xf-list-type="ul"><em>Japan: 24%</em></li> <li data-xf-list-type="ul"><em>Cambodia: 49%</em></li> <li data-xf-list-type="ul"><em>South Africa: 30%</em></li> <li data-xf-list-type="ul"><em>Taiwan: 32%</em></li> </ul><p>For the time being Canada and Mexico are not affected by any further tariffs.</p><p></p><p>[URL unfurl="true"]https://www.bbc.com/news/articles/c1jxrnl9xe2o[/URL]</p></blockquote><p></p>
[QUOTE="Mad as Fish, post: 130540, member: 396"] Trump imposing such a wide sweeping range of stiff tariffs upon the rest of the world is akin to lobbing a hand grenade into aunty's fish pond, what will we see dead in the water and and how is the remaining ecology going to adapt? The BBC, for all its faults, published a brief summary [I]In a background call before Trump's speech, a senior White House official told reporters that the president would impose a "baseline" tariff on all imports to the US. That rate is set at 10% and will go into effect on 5 April. It is the companies that bring the foreign goods into the US that have to pay the tax to the government, although this could have knock-on effects to consumers. Some countries will only face the base rate. These include:[/I] [LIST] [*][I]United Kingdom[/I] [*][I]Singapore[/I] [*][I]Brazil[/I] [*][I]Australia[/I] [*][I]New Zealand[/I] [*][I]Turkey[/I] [*][I]Colombia[/I] [*][I]Argentina[/I] [*][I]El Salvador[/I] [*][I]United Arab Emirates[/I] [*][I]Saudi Arabia[/I] [/LIST] [HEADING=1][I]Custom tariffs for 'worst offenders'[/I][/HEADING] [I]White House officials also said that they would impose what they describe as specific reciprocal tariffs on roughly 60 of the "worst offenders". These will go into effect on 9 April. Trump's officials say these countries charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways they feel undermine American economic goals. The key trading partners subject to these customised tariff rates include:[/I] [LIST] [*][I]European Union: 20%[/I] [*][I]China: 54%[/I] [*][I]Vietnam: 46%[/I] [*][I]Thailand: 36%[/I] [*][I]Japan: 24%[/I] [*][I]Cambodia: 49%[/I] [*][I]South Africa: 30%[/I] [*][I]Taiwan: 32%[/I] [/LIST] For the time being Canada and Mexico are not affected by any further tariffs. [URL unfurl="true"]https://www.bbc.com/news/articles/c1jxrnl9xe2o[/URL] [/QUOTE]
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