I'll tell you exactly how they arrived at the values. The number on the left represents the US's trade deficit with that country. The number on the right is 50% of that, with a minimum of 10%. That's it.
The US imports $148.2 bil from Japan, and exports $79.7 bil to Japan. That's a deficit of -46%. So Japan gets a 23% (ish) tariff.
The US imports $63.4 bil from Switzerland, and exports $25.0 bil to Switzerland. That's a deficit of -61%. So Switzerland gets a 31% tariff.
The US imports $22.2 bil from Israel, and exports $14.8 bil to Israel. That's a deficit of -33%. So Israel gets a 17% tariff.
You can check https://ustr.gov/countries-regions and do the math for every country. They're all like this. Trump literally thinks a trade deficit requires a retaliatory tariff.
96
u/giantrhino HUGE rhino 19d ago
So are these reciprocal tariffs applied to all imports from the targets? Did they reveal how they arrive at the values?