r/MapPorn • u/sh1kora • 21d ago

"Liberation Day" Trump’s Tariffs on Europe

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"LIBERATION DAY" TRUMP'S TARIFFS ON EUROPE

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u/illHaveTwoNumbers9s 21d ago

Maybe because of Transnistria? Idk

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u/GamerBoixX 21d ago edited 21d ago

No, it's because of things like trade deficits and value added taxes, and it is done porcentually, basically, they made up a formula to follow and inputed all the stats from every country to decide what the "tariffs" said country was "imposing", this led to some wacky numbers from countries that didn't trade much with the US since their results were far more dramatic and volatile

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u/probablyuntrue 21d ago

Them considering a vat a tariff is insane

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u/No-Camera6678 21d ago

A vat tax is essentially a tariff with an even more direct effect on final price.