The gullibility that decides elections. And is freezing up #Trade with the #UnitedStates .

"Asked what his US customers were saying, he said: “Many of them are surprised. When they saw Mr Trump talk about tariffs, they got the impression that the foreign companies are paying these tariffs, but what they now figure out is that it is the customer who pays."

#Tariffs #Levies #Duties

https://www.theguardian.com/business/2025/oct/13/one-europe-biggest-farm-machinery-firms-halts-us-exports-hidden-tariffs-krone

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause

The Guardian
Following a recently agreed customs deal between the United States and the European Union, Bavarian Minister-President Markus Söder (CSU) has reiterated his opp... https://news.osna.fm/?p=9712 | #news #eu #european #levies #opposes
EU Taxes: Söder Opposes New European Levies - Osna.FM

Markus Söder rejects EU taxes, advocating for avoiding further levies after the US-EU trade deal.

Osna.FM
1 BMO: #Canada April #trade figures were unsurprisingly ugly in the face of the ongoing #tradewar, with the doubling of #steel and #aluminum #levies in June suggesting that Canada won’t be out of the woods for at least the next couple of months. 🧵 #cdnecon #tariffs
#China and US #deminimis exemption – Now, the goods are being channeled via #customs and are incurring #levies, with the costs passed on to customers, at least to some extent, chart @economics https://www.bloomberg.com/news/articles/2025-05-16/what-s-the-tariff-loophole-trump-closed-for-shein-temu-packages
3 #IMF: While some #levies have been paused, tensions between the #UnitedStates and #China have escalated significantly, as has #tradepolicy #uncertainty in general.
Bluesky

Bluesky Social
Bloomberg: #Stocks are getting a boost though, after Donald #Trump floated a potential pause in #autotariffs, providing further relief to the #market after he suspended #levies on some #consumer #electronics #markets #stockmarkets #equities
Bluesky

Bluesky Social

#Trump’s trade plans, a staple of his stump speeches, have fluctuated, but he consistently calls for steep duties to discourage #imports & promote domestic production. Trump has floated “automatic” #tariffs of 10–20% on every US trading partner, 60% #levies on goods from #China, & rates as high as 100, 200 or even 1,000% in other circumstances.

#economy #USpol #HarrisWalz2024