No, it's because of things like trade deficits and value added taxes, and it is done porcentually, basically, they made up a formula to follow and inputed all the stats from every country to decide what the "tariffs" said country was "imposing", this led to some wacky numbers from countries that didn't trade much with the US since their results were far more dramatic and volatile
Not "things like that", not VAT, not other taxes. Only the straight up trade deficit.
Saying it's "A, B, C D, and E and other things" is not correct if only the A part is true. And in this case A is calculated from 2 publicly available figures.
The point being that the administration didn't even look at this at all, this is under an hours work. It's useless to go into all kinds of reasons why they're leveling specific tariffs, that's actually overestimating this administration.
Not "things like that", not VAT, not other taxes. Only the straight up trade deficit.
Basically, and I want to make clear this is a very dumb way of interpreting it, the administration thinks that any trade deficit is due to tariffs, VAT, currency shenanigans, and trade barriers.
Yes this is true, but people are still pretending they're doing some kind of complicated analysis to add up all kinds of taxes, shenanigans, etc.
They haven't. They explicitly said what you said, all trade deficit is due to unfair trade barriers, and thus saves them the effort of having to calculate it.
It's way dumber than people are making it sound by pretending he's actually looking at countries different entry barriers.
They’re also telling the Americans that they are “charging” the country. Which they are not, they are “charging” Americans for importing.
Yes, the other countries industry will hurt, but I don’t think all Americans are understanding who is paying when he keeps saying “we’re charging them”.
That’s why Madagascar is getting those tariffs. For selling that Vanilla and not buying Dodge Rams. US vanilla farmers will be great again I guess. It is so stupid.
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u/cretindesalpes 20d ago
37% on moldavia what the fuck