The EU indeed has a 10% import tariff for cars: http://trade.ec.europa.eu/doclib/docs/2015/january/tradoc_152998.1%20Trade%20in%20goods%20and%20customs%20tariffs.pdf The same pdf notes that the US has a 14% import tariff on train carriages, and 350% on raw tobacco. Trump's trick is cherry-picking and creating outrage over specific products, completely ignoring that they are balanced by tariffs on other products. More on reddit.com

The Economist ran an op-ed about the mood in China at the moment. Contrary to most of the rest of the world the Chinese are elated. I think many Chinese believe this is the inflection point where the US starts to retreat into isolation and China cements its position as the major economic superpower for the 21st century. Well played Mr Trump. More on reddit.com

I can't speak to China, but regarding Canada and Mexico, I encourage you to read up on the USMCA , which governs the current status of free trade between Canada, Mexico, and the US. Long story short, the vast majority of goods produced within the borders of either of those three countries are exempt from any kind of tariffs. The exceptions are essentially that Canada imposes some tariffs on dairy products, poultry, and eggs, while the US imposes some tariffs on dairy products, sugar, and peanuts. I believe Mexico has no exceptions at all. The claims by Trump and his circle of liars that the 25% tariffs the US just imposed on Canada are, at least in part, a retaliation against existing tariffs levied by Canada on the US are nonsense. Most notably: Trump has claimed that the Canadian Goods and Services Tax (GST), which is a federally implemented sales tax, is a tariff on US goods. This is nonsense, because it's only true if you don't care about the meaning of the word "tariff". The GST is like any other sales tax, in that it applies equally to all goods, regardless of origin, and therefore in no way disadvantages US goods (or any other countries' goods) relative to Canadian ones. Thus, it is not a tariff by any standard definition of the word. Further, almost all US states have a state sales tax of some kind. Are those also tariffs? No, obviously not. Trump has also claimed that the Canadian Digital Services Tax (DST) is a tariff on US goods. This is a 3% tax on certain revenues of large companies coming from engagement with online users in Canada. This tax applies to all companies that meet a certain size threshold, regardless of their home country. So, again, this tax is not a tariff by any standard definition of the word. That said, it's likely true that many of the firms that meet the size threshold are American by virtue of the fact that large tech firms are mostly American. Even if that's true, the idea that a 3% tax on a very small subset of US firms justifies a retaliatory blanket 25% tax on all Canadian goods is obviously absurd, especially given that this is something that could easily be addressed in the impending re-negotiation of the USMCA. More on reddit.com

Because he wants to create a highly inflationary market so his billionaire class can continue their money grab from the poor. He's artificially creating the same scarcity he did during Covid. Either that or he's a moron. More on reddit.com