Seems quite high. UK is only 10%. We have some USA business but more with EU, so we should be ok but others not so well.
Really too high. China, which US has labeled an enemy, is 34%. So friend or foe, everyone is affected.
The most ridiculous one is Cambodia, with 49%. Who set this up, Kissinger from the grave?!
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Seems punitive for small and big businesses.
Also for American consumers !
They mentioned Taiwan has ~60% tariffs on the US. Any truths to that or is it adjusted by some magical formula for currency manipulation and trade barriers?
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Dear leader works in mysterious ways, lest we forget! 
How will Trumpublicans justify this latest abomination?
We all know they donât give a flying fuck about international relations and contributing to a better world, but their 401k?? A bridge too far! 
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Just a made up number.
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Yeah all I am getting is this about tariffs Taiwan imposes on the US from Chat GPT. Maybe itâs my bad that I am not using Muskâs Grok or Trumpâs LLM? 
Looks like the chart MAGA simps will be framing in their houses is off by a factor of 10 for Taiwan, saying Taiwan levies a 60% tariff on the US. Oops! 
Yeah, thereâs some truth to that. Hereâs an example.
Taiwanâs base import duty on cars is 17.5%, but thatâs just the start. They add a 25 to 30% commodity tax based on engine size, then a 5% VAT calculated after those taxes, and sometimes a 10% luxury tax on top of all that. When you add it all up, total charges can push close to 60%. Itâs not called a straight tariff, but Taiwan is pretty sneaky with how it layers everything.
Compare that to before where the U.S. only had a 2.5% tariffs on cars from Taiwan. (But an additional 25% for trucks though.)
With the new regime the amounts are now similar.
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Not looking good.
Quote:
Liberation Day -
A 20% universal tariff â combined with full retaliation from other nations on US goods â would be a âworst-case scenarioâ for the US economy, Moodyâs Analytics chief economist Mark Zandi told CNN on Tuesday.
An economic âwipeoutâ
A Moodyâs simulation found that such an escalation in the trade war would wipe out 5.5 million jobs, lift the unemployment rate to 7% and cause US GDP to drop by 1.7% from peak to trough.
âIf that happens, we get a serious recession. Itâs a wipeout for the economy,â Zandi said, adding that he thinks Trump will announce a less extreme tariff regime to avoid such damage.
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âImported cars, including those made in the US, are generally more expensive in Taiwan due to import duties (ranging from 17.5% to 30%), value-added tax (5%), and commodity tax (25-30%).â
I already said that
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Isnât VAT similar to sales tax? The US has higher sales tax than 5% in many states.
The other taxes like luxury tax etc, does US export luxury vehicles? I think those are mostly from the EU. I think of ford focus when I think US and Iâm not sure those are made in the US.
Are local TW companies exempt from luxury tax? VAT applies to local companies too.
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I would say they are like sadistic children in a science lab, but I believe this wild behavior is in line with pushing the Project 2025 agenda.
What a perfect way to piss off the world collectively too. China and Russia will (and should honestly) have a field day with this moronic stunt.
Even if we (dangerously) assume this total car tariff figure comes close to 60%âŚcars are one product out of thousands that are imported. 60% is nowhere close to the average â these POSâs just pulled the number out of their ass, but of course gymnastic routines will be done to try to convince us âup is downâ and that Trump isnât making a mess of things, once-a-fucking-gain.
Itâs not applied on imports until sold to the consumer. (Yes itâs weird but technically shouldnât be counted on the U.S. side.)
U.S. brands like Tesla and high-end models from Cadillac, Jeep, and Ford also fall into higher tax brackets, depending on engine size or value. Taiwanâs luxury tax threshold can apply to cars priced around NT$3 million (about $95,000 USD), and even moderately equipped vehicles with large engines may trigger it.
I donât know. I think not. But either way local manufacturers would have a much easier chance of avoiding it as the luxury car tax is levied on the cost + duties and commodity costs.
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USA calculations are based on trade deficits, rather than the actually tariffs imposed by each country:
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This could be why.
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If this situation isnât resolved soon I may have to take up English teaching. Is teaching English hard?
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The way Trump announced it itâs like some League table