If USA makes it reciprocal amounts with all they trade with, this would reduce tariffs to ZERO between US/THEM.
USA doesn't have a say in what China imposes on France, or GB imposes on India. I'm sure some of these countries rely heavily on tariffs as govt income.
As Anon said, only time will tell.
Yes.
KIND reciprocal as he said.
"Back and forth"
The numbers can still change to FULL reciprocal.
Question: When all the reciprocal tariffs are at ZERO % between all countries, then you have zero income from tariffs.
When that happens, I guess it's the "OUTPUT" to other counries that makes your country wealthy? (All these companies moving here)
Canada?