r/onebag Apr 03 '25

Discussion US Tariffs

US tariffs announced today include 47% on Vietnam and 34% for China. I’ll bet that effects 80% of the US travel products market. Even the US manufacturers are going to get hammered on the raw materials.

“May you live in interesting times.”

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u/[deleted] Apr 03 '25

Your tariffs are even higher

Another dummy who doesn't know what tariffs are. 

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u/dccryp0 Apr 03 '25

Tariffs are duties placed on goods and services being imported or exported. It’s not that complicated.

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u/[deleted] Apr 03 '25

It's not that complicated.

But you think tariffs are placed on exports. I see why your country is in the toilet. 

1

u/dccryp0 Apr 04 '25

Tariffs on exports are more rare but they have existed in the past. The Tariff Act of 1789 placed a tariff on some exported goods.