Hilarious. The US has the 5th highest incarceration rate in the world
Full list of countries:
10 percent tariffs:
Argentina
Bangladesh
Cambodia
Canada
Ecuador
El Salvador
Guatemala
Indonesia
Malaysia
Mexico
Pakistan
United Kingdom
10/12.5 percent tariffs:
European Union
Taiwan
Japan
Korea
Switzerland
12.5 percent tariffs:
Algeria
Angola
Australia
Bahamas
Bahrain
Brazil
Chile
China
Colombia
Costa Rica
Dominican Republic
Egypt
Guyana
Honduras
Hong Kong
India
Iraq
Israel
Jordan
Kazakhstan
Kuwait
Libya
Morocco
New Zealand
Nicaragua
Nigeria
Norway
Oman
Peru
Philippines
Qatar
Russia
Saudi Arabia
Singapore
South Africa
South Korea
Sri Lanka
Thailand
Trinidad and Tobago
Türkiye
United Arab Emirates
Uruguay
Venezuela
Vietnam
Are more tariffs on the way?
More Section 301 tariffs are likely coming: The U.S. Trade Representative’s office has launched a probe into whether 16 countries — accounting for 70 percent of U.S. imports — have overproduced goods, pushing down prices and putting U.S. companies at a disadvantage in global markets. The administration has yet to complete that investigation.
Trump, who argues that high tariffs will revive American manufacturing, last year overturned decades of U.S. policy that favored lower tariffs and ever-freer trade. Invoking the 1977 International Emergency Economic Powers Act (IEEPA), he imposed double-digit tariffs on imports from almost every country on Earth, saying America’s longstanding trade deficit amounted to a national emergency.
But the Supreme Court ruled that IEEPA did not authorize tariffs. The decision forced the administration to pay refunds to importers that had paid the tariffs.
In response, Trump announced 10 percent worldwide tariffs under Section 122 of the Trade Act of 1974. But he can only use Section 122 levies for 150 days; time runs out on them Friday.
The administration initially proposed the forced labor tariffs last month. Since then, some countries have tightened forced labor enforcement and qualified for lower tariffs, said a senior administration official who spoke under condition of anonymity. For example, the official said, the tariff on imports from India initially was set at 12.5 percent but now will be 10 percent.
10 percent tariffs:
Argentina
Bangladesh
Cambodia
Canada
Ecuador
El Salvador
Guatemala
Indonesia
Malaysia
Mexico
Pakistan
United Kingdom
10/12.5 percent tariffs:
European Union
Taiwan
Japan
Korea
Switzerland
12.5 percent tariffs:
Algeria
Angola
Australia
Bahamas
Bahrain
Brazil
Chile
China
Colombia
Costa Rica
Dominican Republic
Egypt
Guyana
Honduras
Hong Kong
India
Iraq
Israel
Jordan
Kazakhstan
Kuwait
Libya
Morocco
New Zealand
Nicaragua
Nigeria
Norway
Oman
Peru
Philippines
Qatar
Russia
Saudi Arabia
Singapore
South Africa
South Korea
Sri Lanka
Thailand
Trinidad and Tobago
Türkiye
United Arab Emirates
Uruguay
Venezuela
Vietnam
Are more tariffs on the way?
More Section 301 tariffs are likely coming: The U.S. Trade Representative’s office has launched a probe into whether 16 countries — accounting for 70 percent of U.S. imports — have overproduced goods, pushing down prices and putting U.S. companies at a disadvantage in global markets. The administration has yet to complete that investigation.
Trump, who argues that high tariffs will revive American manufacturing, last year overturned decades of U.S. policy that favored lower tariffs and ever-freer trade. Invoking the 1977 International Emergency Economic Powers Act (IEEPA), he imposed double-digit tariffs on imports from almost every country on Earth, saying America’s longstanding trade deficit amounted to a national emergency.
But the Supreme Court ruled that IEEPA did not authorize tariffs. The decision forced the administration to pay refunds to importers that had paid the tariffs.
In response, Trump announced 10 percent worldwide tariffs under Section 122 of the Trade Act of 1974. But he can only use Section 122 levies for 150 days; time runs out on them Friday.
The administration initially proposed the forced labor tariffs last month. Since then, some countries have tightened forced labor enforcement and qualified for lower tariffs, said a senior administration official who spoke under condition of anonymity. For example, the official said, the tariff on imports from India initially was set at 12.5 percent but now will be 10 percent.
M
