this post was submitted on 10 Apr 2025
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Microblog Memes

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[–] huppakee@lemm.ee 0 points 1 week ago (1 children)

They're waiting for the storm to pass, it's still 10% now

[–] disguy_ovahea@lemmy.world 0 points 1 week ago

As of today, it’s 145% on Chinese imports.

Shortly after the Budget Lab’s original publication, the White House clarified that the 125% China tariffs were on top of, not inclusive of, the 20% IEEPA tariffs already in place, making the maximum rate on Chinese imports 145%. This report revises our numbers to reflect the clarified policy.

https://budgetlab.yale.edu/research/fiscal-and-economic-effects-revised-april-9-tariffs