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Trump’s Tariffs: Global Leaders ‘Kissing My Ass’ Amid Economic Turmoil

Trump’s Tariffs: Global Leaders ‘Kissing My Ass’ Amid Economic Turmoil

Former President Donald Trump has stirred international controversy with his aggressive tariff policies, claiming that global leaders are 'kissing my ass' to secure trade deals. In a series of bold statements, Trump has defended his approach, asserting that his tariffs are generating significant revenue for the U.S. and that he knows 'what the hell I'm doing' despite widespread economic disruption.

Trump's comments come amidst a backdrop of economic turmoil, with critics arguing that his tariffs are unleashing 'carnage' on global markets. Despite pushback from some Republicans, Trump remains defiant, insisting that his negotiation tactics are unmatched and that his policies are necessary to protect American interests.

Fact-checks have revealed mixed results on the revenue generated by Trump's tariffs, with some analyses suggesting that the economic impact may be more detrimental than beneficial. As the debate continues, Trump's unwavering stance on tariffs remains a central theme in his political narrative, drawing both support and criticism from various quarters.

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Does the US have tariffs?

The United States currently has a trade-weighted average import tariff rate of 2.0 percent on industrial goods. One-half of all industrial goods imports enter the United States duty free.

How much does China make off the US?

How much trade do they do? The trade in goods between the two economic powers added up to around $585bn (£429bn) last year. Though the US imported far more from China ($440bn) than China imported from America ($145bn).

How much does China import from the USA?

The U.S. sent about $143.5 billion in goods to China in 2024, according to Census Bureau data. Topping the list: $15.3 billion in electronics, including integrated circuits, and $14.7 billion in oil, gas and coal.

Does Ukraine have tariffs?

Ukraine imposes several duties and taxes on imported goods: customs/import tariffs, value-added tax (VAT), and excise duties.

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