The effective US tariff rate on Japanese imports prior to the
current Trump term was 2%. On July 7th he threatens to raise that
to 25%, ultimately settles on 15% and the market celebrates what
will ultimately be a higher "tax" on US consumers. What am I
missing?
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Nikkei powers higher on trade
Posted by steve on 23rd of Jul 2025 at 02:46 am
Nikkei powers higher on trade deal
The effective US tariff rate
Posted by RichieD on 23rd of Jul 2025 at 05:46 am
The effective US tariff rate on Japanese imports prior to the current Trump term was 2%. On July 7th he threatens to raise that to 25%, ultimately settles on 15% and the market celebrates what will ultimately be a higher "tax" on US consumers. What am I missing?