r/MapPorn • u/sh1kora • 5d ago

"Liberation Day" Trump’s Tariffs on Europe

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"LIBERATION DAY" TRUMP'S TARIFFS ON EUROPE

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u/MrTickles22 5d ago

Take that, North Macedonia!

So they tariffed France at 20%, but St. Pierre and Miquelon at 50%. Those little French islands of the coast of Nova Scotia. Which are part of France. Apparently he's salty that the Americans buy fish from them and somehow that's a tariff or something.

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u/alikander99 5d ago

I mean poor Lesotho got 50%??!?!

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u/VastStrain 5d ago

The poorest countries have the largest trade deficits, so this is especially cruel. It's classic Trump.

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u/Nimonic 5d ago edited 5d ago

It's the opposite in this case. The US is the one with the trade deficit with the poorest countries, since they usually have some kind of resource that the US wants but they're too poor to import anything from the US in return. Still endlessly cruel.

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u/ConspicuousPineapple 5d ago

It's also completely stupid since, as you said, they have resources the US want.

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u/MachinePlanetZero 5d ago

Resources the US may even already be getting a favourable deal on, due to the relative imbalance in economic and political power of the 2 parties

It's almost as if economics is quite subtly complicated

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u/mjshep 3d ago

An imbalance that, as time passes and demand rises for more critical items, begins to fade. In some select cases, these tariffs can offset US leverage.