SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (1118753)2/19/2019 3:44:50 PM
From: Taro  Read Replies (1) of 1575875
 
When Europe imposes 25% tariffs on US cars imported into their countries and the US only imposes around 5% tariffs, then that imbalance is called a wealth transfer from the US to Europe.

I believe the EU duty tariffs on US cars is 10% vs the US duty tariffs on EU cars being only 2.5%.
Bad enough for the balance.

One case is the opposite, however, but hardly a significant part of the total balance: US imposes a 20% duty in pick-up vans from the EU.

That said, the German car industry has proposed a mutual 0% between the US and EU. Which IMO most likely will be vetoed by the French.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News