“RECIPROCAL.”
📷: Kent Nishimura/Bloomberg
“RECIPROCAL.”
KARL: So there is a trade war
HASSETT: In April there is gonna be a reciprocal tariff
KARL: So there is a trade war
HASSETT: In April there is gonna be a reciprocal tariff
STOP CALLING THEM RECIPROCAL. THEY ARE UNILATERAL TAXES ON AMERICANS.
~ Everyone
STOP CALLING THEM RECIPROCAL. THEY ARE UNILATERAL TAXES ON AMERICANS.
~ Everyone
Reciprocal tariffs weren't reciprocal at all, but rather the result of a complicated-looking formula the White House didn't understand. Turns out it simplifies to the trade deficit as a share of imports.
Reciprocal tariffs weren't reciprocal at all, but rather the result of a complicated-looking formula the White House didn't understand. Turns out it simplifies to the trade deficit as a share of imports.
Vietnam: fine, let’s do zero percent
White House: fuck you
Absolute clown car administration
Vietnam: fine, let’s do zero percent
White House: fuck you
Absolute clown car administration
The Secretary of State might be interested to learn that visa requirements and terms are generally reciprocal. We do it to them, they do it to us.
The Secretary of State might be interested to learn that visa requirements and terms are generally reciprocal. We do it to them, they do it to us.