Imagine you’re manufacturing an end product that contains 10% of parts that are under tariffs. Your end cost goes up by 10% of that tariff value, i.e. by 24,5% in this case.

Right! This calls for immediate discussion! /s

What is this strange thing resembling journalism?

He doesn’t want to reduce the budget overall, but rather limit spending and direct that money to his rich owners and “friends”.

That page is going away soon.

Same in many European countries.

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I can’t tell if this is a joke… it has to be, right?

Sure, but it’s not like he runs the company, he just made a singular shitty decision.

He doesn’t run it, he just owns it.

Privatized profits, socialized loses.