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We regret but have to temporary suspend the shipments to USA

(olimex.wordpress.com)
639 points CTOSian | 1 comments | 26 Aug 25 17:22 UTC | HN request time: 0.202s | source
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czhu12 ◴[26 Aug 25 19:17 UTC] No.45030948[source]▶
how do situations like this typically progress in high tariff countries? I know for instance Brazil has a high tariff rate on certain imports. Does a black market typically spring up to fill the gap? It's hard to imagine that can happen here, no matter how bad the tariffs got.
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carlosjobim ◴[26 Aug 25 20:43 UTC] No.45032069[source]▶
The European Union has been a high tariff zone for a long time, so you can study their situation.
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jddj ◴[26 Aug 25 21:49 UTC] No.45032767[source]▶
Are you referring to VAT?
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1. carlosjobim ◴[26 Aug 25 22:08 UTC] No.45032957[source]▶
Steel. The EU started out as a steel customs union, and has always had high import duties on steel, which is the subject matter of the article.

Just a few months ago, the European Commission put on new, massive tariffs on Asian steel manufacturers.

So I guess I invite all hackers here to freak out, scream about "Bat shit insane fascist!", tear their own hair, etc. Especially since an eight of the EU budget comes from tariffs.

Or quietly ignore the facts and wait to jump onto the next outrage bandwagon.