Farm Boy
I hope you dance
- Joined
- Sep 8, 2010
- Messages
- 28,269
The Tariffs on clothing is about 12% in the EU and VAT is charged at 20% in the UK on the product and tariff
So the tariff on clothes from Canada is about 15%, counting the tariff and the tax on the tariff?
I'm idly curious, anyone have stats to compare this with Trumps OMG TRADE IS DED bombs that seem to be fueling all the snickering from people not eating the market damage? Not to imply that you are snickering Silurian.
Mostly wondering if that's new, old, or if EU tariffs in that neighborhood are standard operating procedure. Don't honestly know what US countertariffs generally ran, pre-Trump either. Full disclosure, I've generally grown to expect European trade barriers to take the form not of a direct tariff, but in regulation responding to a lie about safety or somesuch*, so this is more interesting than usual.
*Which I'm open to being a dated opinion, if new information or market forces have taken hold. It's just my 90/aughts bias.
Last edited: