> Is that why Israel got 17% tariffs but Iran has 10%?
Wouldn't tariffs being based off of the trade deficit explain exactly this? Also maybe this is not the best example since doesn't the US already impose sanctions on Iran?
> Wouldn't tariffs being based off of the trade deficit explain exactly this? Also maybe this is not the best example since doesn't the US already impose sanctions on Iran?
Yes, which is why the tariff rates are retarded.
As someone observed: it's like being taxed not on your income, but on the number of vowels in your name.
Wouldn't tariffs being based off of the trade deficit explain exactly this? Also maybe this is not the best example since doesn't the US already impose sanctions on Iran?