Financial journalist James Surowiecki noted the tariff rate for other nations Trump showed off is not related to a tariff American manufactures pay, but a calculation using the trade deficit.
Financial journalist James Surowiecki noted the tariff rate for other nations Trump showed off is not related to a tariff American manufactures pay, but a calculation using the trade deficit.
The two big charts with the countries and “discounted” figures…all the countries discount tariffs are simply halved with a minimum of 10%. Except a couple of countries are a couple percentage points off from that and instead of it being for some purposeful reason, I’m pretty sure whoever made the chart just failed at dividing by two.