@crashoverride

🧐 What's next after “mirror duties” are lifted? (The Kobeissi Letter) If the U.S. Trade Court's decision to lift the “mirror duties” goes into effect, all tariffs collected since April 2 will have to be refunded. According to preliminary estimates, we are talking about about $10,000,000,000,000. At the same time, the U.S. will have to return about $3,500,000,000,000 to China.

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