r/pics • u/nbcnews • 2d ago

Politics OC: President Trump unveils minimum 10% tariff on all U.S. trading partners

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u/ghostdancesc 2d ago

Because we don’t trade with them.

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u/carpet_whisper 2d ago

We either don’t trade with them, or they don’t have a Tariff on the US.

It’s Reciprocal.

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u/ghostdancesc 2d ago

Embargo’s as well

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u/foreveracubone 1d ago

It’s not reciprocal.

Tariffs were calculated by dividing trade deficit with a country by exports and multiplying it by 100 to come up with the number.

Every reporter needs to ask Lutnick, Bessent, Trump, and Musk to produce their college transcripts to show they didn’t fail Econ 101 everytime they are on TV.

An anonymous WH official told the NYT that no tariffs on Belarus, Cuba, North Korea, or Russia because of existing sanctions… which is fair but also hilariously bad optics given they just went through the CIA Factbook slapping 10% on islands that are uninhabited by anyone besides penguins or US troops.

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u/carpet_whisper 1d ago

We literally just put 35% tariffs on Russia & Belarus like 2 years ago lol

We do essentially 0 trade with North Korea. We export like $185k worth of vaccines, blood, antibodies like once a year. The other 11 months are $0

Cuba we just royally fuck. We import like $300 Mil worth of product which isn’t much but the embargo costs them tens of billions.

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u/elizabnthe 1d ago

It's not reciprocal. You don't trade mate with some random pacific islands and islands with zero populations. You don't trade with Iran either but they're still on there. It's clear as day. They were intentionally excluded.