John F. Di Leo - Whatever you think about the Trump announcement... | Facebook

...there are a lot of misconceptions out there that need to be corrected. 

• One in particular is the shock that some people displayed at the fact that red China is being hit with a mid range increase of 34%, when some other countries are being hit with an even higher percentage in the 40s and 50s...These new tariffs are “stackable” - meaning that they are on top of almost all the other existing duties and tariffs in place...
• One other point worth mentioning, just for clarification… Some people are confused at why Russia was left off the list. Well, four countries were left off the list, to be specific, and for a good reason. It is illegal to import goods from Russia, Belarus, Cuba, and North Korea… So that means the goods of these four countries already are assessed, generally, somewhere between 35 and 50 percent when they show up… But again, there is so little of that, that it’s barely worth mentioning.. Because we cannot legally import from these four countries at all due to sanctions.

I hope that helps.

John F Di Leo