{"id":17217,"date":"2025-04-08T18:52:33","date_gmt":"2025-04-08T18:52:33","guid":{"rendered":"https:\/\/lonecandle.com\/?p=17217"},"modified":"2025-04-08T18:52:34","modified_gmt":"2025-04-08T18:52:34","slug":"trumps-new-tariffs-on-these-3-countries-look-particularly-foolish","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=17217","title":{"rendered":"Trump&#8217;s New Tariffs on These 3 Countries Look Particularly Foolish"},"content":{"rendered":"\n<p>&#8220;For weeks, the White House has been using the word reciprocal to describe these new tariffs. &#8220;They charge us, we charge them,&#8221; is how Trump described the tariffs on Wednesday.<\/p>\n\n\n\n<p>If that&#8217;s true, then the U.S. should be lowering its trade barriers with Singapore, which charges zero tariffs on most U.S. imports. (Indeed, Singapore&#8217;s very existence is proof of the power of free trade. It has become one of the world&#8217;s wealthiest nations not because it built a ton of factories or engaged in a lot of protectionist policies but by embracing low tariffs and free trade.)<\/p>\n\n\n\n<p>Instead, Trump is slapping a 10 percent tariff on imports from Singapore. So much for &#8220;reciprocity.&#8221;<\/p>\n\n\n\n<p>You could say the same thing about Israel, which earlier this week decided to eliminate all tariffs on American imports in advance of Trump&#8217;s tariff announcement. Did Trump respond to that move by lowering all American tariffs on imports from Israel? He did not: Israeli goods are now subject to a 17 percent tariff, per the list published Wednesday by the White House.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/reason.com\/2025\/04\/03\/trumps-new-tariffs-on-these-3-countries-look-particularly-foolish\">https:\/\/reason.com\/2025\/04\/03\/trumps-new-tariffs-on-these-3-countries-look-particularly-foolish<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;For weeks, the White House has been using the word reciprocal to describe these new tariffs. &#8220;They charge us, we charge them,&#8221; is how Trump described the tariffs on Wednesday.<\/p>\n<p>If that&#8217;s true, then the U.S. should be lowering its trade barriers with Singapore, which charges zero tariffs on most U.S. imports. (Indeed, Singapore&#8217;s very existence is proof of the power of free trade. It has become one of the world&#8217;s wealthiest nations not because it built a ton of factories or engaged in a lot of protectionist policies but by embracing low tariffs and free trade.)<\/p>\n<p>Instead, Trump is slapping a 10 percent tariff on imports from Singapore. So much for &#8220;reciprocity.&#8221;<\/p>\n<p>You could say the same thing about Israel, which earlier this week decided to eliminate all tariffs on American imports in advance of Trump&#8217;s tariff announcement. Did Trump respond to that move by lowering all American tariffs on imports from Israel? He did not: Israeli goods are now subject to a 17 percent tariff, per the list published Wednesday by the White House.&#8221;<\/p>\n<p>https:\/\/reason.com\/2025\/04\/03\/trumps-new-tariffs-on-these-3-countries-look-particularly-foolish\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[221,217,165,272,355,290,314,208,141,170],"class_list":["post-17217","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-donald-trump","tag-economics","tag-economy","tag-foreign-affairs","tag-foreign-policy","tag-imports","tag-international-relations","tag-tariffs","tag-taxes","tag-trump"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17217"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17217\/revisions"}],"predecessor-version":[{"id":17218,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17217\/revisions\/17218"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}