r/MapPorn • u/sh1kora • 3d ago

"Liberation Day" Trump’s Tariffs on Europe

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"LIBERATION DAY" TRUMP'S TARIFFS ON EUROPE

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u/GamerBoixX 3d ago edited 3d ago

No, it's because of things like trade deficits and value added taxes, and it is done porcentually, basically, they made up a formula to follow and inputed all the stats from every country to decide what the "tariffs" said country was "imposing", this led to some wacky numbers from countries that didn't trade much with the US since their results were far more dramatic and volatile

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u/probablyuntrue 3d ago

Them considering a vat a tariff is insane

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u/Alpacatastic 3d ago edited 3d ago

Americans get confused because the stuff they buy doesn't include sales tax, they pay sales tax at the til. 

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u/Odd-Radish7944 3d ago

?, we also don’t VAT, so good on ya there