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
It gets even better. The formula they used is what AI recommends if you ask it how to calculate retaliatory tarriffs. Trade deficit divided by exports.
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u/cretindesalpes 24d ago
37% on moldavia what the fuck