Reposted by spikelike
This BBC graphic is a good way to show why reciprocal 25% tariffs will cause prices on some goods to go up far more than 25%.
A piston used in a car engine made in Michigan will cross the U.S. border twice, and will be taxed 25% each time.
Some products cross the U.S. border even more than that.
A piston used in a car engine made in Michigan will cross the U.S. border twice, and will be taxed 25% each time.
Some products cross the U.S. border even more than that.
March 4, 2025 at 2:32 PM
This BBC graphic is a good way to show why reciprocal 25% tariffs will cause prices on some goods to go up far more than 25%.
A piston used in a car engine made in Michigan will cross the U.S. border twice, and will be taxed 25% each time.
Some products cross the U.S. border even more than that.
A piston used in a car engine made in Michigan will cross the U.S. border twice, and will be taxed 25% each time.
Some products cross the U.S. border even more than that.