20 percent on goods from the European Union, 25 percent on South Korean imports.
Bit higher than expected, but not wholly unexpected either.
34 percent on Chinese goods, 32 percent on Taiwanese imports
Oof. That will tank the tech manufacturing industry. GPU card price will shoot through the roof.
46 percent on Japanese products
Holy shit! What did Japan do to deserve freaking 50% tarrifs? I knew there was some bad blood in the 80s and 90s but is it still the case now?
I hope Nintendo stocked those Switch 2s everywhere ahead of time or it’s gonna be rough.
Maybe the US will understand that these tariffs primarily do over thing: raise prices for their own citizens.
Living in the EU, I’m looking forward to the non-tariffed Switch 2.
30% against Switzerland. Even though we don’t have any tariffs against the USA (except for agricultural products).
Wtf
The Switch 2 is probably manufactured in China, so the 34% should apply, not the 46% from Japan, right? Not worst case but still ridiculous either way
Is it fully manufactured in China, or is the final assembly done in Japan/somewhere else? Because that would change the tarrif.