Whoever released this does not know what it is saying.. it is Not about Tariffs used, it is about trade deficit. The people that authorised the use of this should be publicly called to justify and resign for gross stupidity!
Reposted from
Bloomberg News
The Trump administration calculated its raft of new tariffs primarily based on existing trade balances.
But the actual formula used isn’t how the White House initially signaled the calculations would be done. Here's the breakdown. ⤵
But the actual formula used isn’t how the White House initially signaled the calculations would be done. Here's the breakdown. ⤵
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