“Currently the tariff is 40%.”
That’s unbelievable!
Has it always been that high?
My understanding as U.S. cars, trucks, jeeps, kept selling China raised the tariffs.
Basically China raised high enough to discourage people from buying U.S. Autos.
Yet we had 0 percent on them. So it was a one way trade deal. We were totally sold out by our politicians. China most likely bribed our politicians who sold out the America.
Blame Goldman Sachs, who run the US economy, and let them get away with murder