Trump says he’s raising tariffs on China to 125% and reducing tariffs on other countries to 10% for 90 days.

Writer, podcaster, and commentator on foreign affairs and politics. Runs /dropglobalnews

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I’m confused — is it a pause? Or reduction? And do the 🐧 still have to pay?

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insofar as they're a proxy exporter...

gray market shipping is a mess.

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

I disagree, it was very obvious that such an export arbitrage would take place.

They are literally penguins — there are no people or ports so no trade & no need for tariffs but yes it’s all a mess