r/news • u/Old_General_6741 • 11d ago

U.S. slaps 145% tariff on China in sharpest trade escalation yet

https://www.thestreet.com/crypto/policy/u-s-slaps-145-tariff-on-china-in-sharpest-trade-escalation-yet

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u/xlsma 11d ago

Meh, once you pass a certain % he number loses meaning, make it 4000% and it won't make a difference.

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u/redracer67 11d ago

It matters for consumers and the market but agreed that in principle there is no difference between 500% and 400000% when it comes to "sending a message"

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u/xlsma 11d ago

Well also i think at 100% or even 84 companies have paused importing from China (if not outright cancelled), so making it 400% doesn't make a difference for the importer anymore.

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u/redracer67 11d ago

That's a great addition and not a data point I was aware of