Does anyone know what reciprocal means?
Just checking.
this post was submitted on 12 Apr 2025
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It means China bad America good.
Donald Trump had the right to defend himself and history started whenever China put counter tariffs on America.
https://www.bbc.com/news/articles/c20xn626y81o
exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.
Holy fuck on solar cells!!!! Huge boost for cost of solar outside of China imported to US, or made in US from Chinese cell supplies.
This can significantly accelerate US solar adoption. If Trump manages to lower interest rates, that is biggest payoff gain for solar/battery projects.
edit: China might still be tariffed 20% on these items.
Yes it is just a form of "GST/VAT" on goods imported by Americans into US. It is a tax paid for by Americans.
It is cool way to distract people and collect more taxes. By using the phrase "tariff on china" instead of "raising taxes on Americans".
Trump complains about other nations VAT as a justification for original "reciprocal" tariffs. If US could export any significant manufacturing goods, implementing its own VAT would be a means of taxing consumption while giving exporters a bigger tax break than just manufacturers for domestic consumption.
If everything else deserves exemptions too, a VAT would be the same, and allow funding for more tax cuts for the rich that Trump says will also save America.