TRUMP RECIPROCAL TARIFFS MARK 'FAIR WORLD ORDER'
A short word on the tariffs that came into effect in the US yesterday. Of course the item dominates the news cycle in Europe as well, usually in terms of outrage, moral indignation and threats of trade wars. The dishonesty in the reporting is rooted either in unwillful ignorance of the nature of tariffs, or in the pretense not to know that Europe (and other countries) have been charging American products for years with often unbelievably high tariffs, while those were not reciprocated by the US. President Trump has had enough of that situation and has declared 'reciprocal tariffs' going into effect as of yesterday. All countries have to do in order not to pay tariffs, is not charge the US with tariffs. But if they charge ten percent, the US will reciprocate with ten percent. That's it.
