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To: Right_Wing_Madman

Remember: the tariffs are reciprocal. The US will lift its tariffs on Vietnam and Israel when they lift their tariffs on the US.

I wish that Trump had made that clearer in his announcement.

6 posted on 04/03/2025 7:25:18 PM PDT by Gideon7
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To: Gideon7
I wish that Trump had made that clearer in his announcement.

In addition to Trump's speech, here is the paper the White House published yesterday:

Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security

I think these are the two key excerpts:

"President Trump will impose an individualized reciprocal higher tariff on the countries with which the United States has the largest trade deficits. All other countries will continue to be subject to the original 10% tariff baseline. This will take effect April 9, 2025 at 12:01 a.m. EDT."

"These tariffs will remain in effect until such a time as President Trump determines that the threat posed by the trade deficit and underlying nonreciprocal treatment is satisfied, resolved, or mitigated."

38 posted on 04/03/2025 8:48:08 PM PDT by Right_Wing_Madman
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To: Gideon7
Why are we so hasty in wanting to lift tariffs? It took 30 years of poor globalist free trade policy to ruin the economy.
49 posted on 04/04/2025 12:56:07 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Gideon7

He did


79 posted on 04/04/2025 2:54:09 PM PDT by Fledermaus ("It turns out all we really needed was a new President!")
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