US has a 2.5% tariff and no VAT.
Just out of curiosity: No Sales Tax on Cars in USA? (or is that what the 2.5% tariff is?)
Price a Corvette in France vs. USA for a real eye opener. $96,000 in France, and $55,500 in the USA for the same version. That's not 30%.
I'm with Trump (surprisingly perhaps).
USA has been paying for United Nations and past presidents (forever??) have turned a blind eye to all the other countries (except perhaps UK) who have claimed poverty. Dunno about you, but THAT GUY who is "first out of the taxi, last to the bar
" is not welcome at the party after the first couple of times he pulls that trick.
and WTF are the rest of the world doing complaining about Trump's tariffs?
Surely he doesn't actually want Tariffs, but just wants a level playing field and is saying "Put up or shut up".
WTF is everyone going "That's outrageous & unilateral, we'll put up our tariffs to match"
Perhaps there is something else (fuel prices low in USA, so some redress required to "balance" perhaps, and maybe some subsidies which make a given USA product artificially low)
But am I right that America has been wallet-out providing an all-you-can-eat service for everyone else? if so, then all good things come to an end and the RoW had better just bite their bottom lip.
Bit like BRExit. "We've got to have a trade deal with EU" - why? Big industrialists are saying "Even if no trade deal the Tariffs will be a few percent; after we sign a contract the currency rate can move more than that by the time we wake up the next day ... so tariffs are the least of our worries"
I guess I have an oversimplified view and life's-not-actually-like-that and I should make myself a banner and join the "We hate Trump march" ... he's going to be here in a few days isn't he? That WILL be fun