Wow this is wild.
James: "The Trump team didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us."
James: "The Trump team didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us."
Comments
Russia is also missing from Trump's list.
What goods does that consist of while they're under US sanctions? Is there a source for the figure? 🙂
https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia
I’m kind of surprised they could dived though
Import
Tarifs...
Going TITs up.
The more you looked through it the worse it got.
Trade imbalance is not a tariff. It's an indication that one country is either incapable or unwilling to produce something they want at a price their people are willing/able to pay while another country can.
Does this change that???
No
To be verified but seems plausible. Some countries that got just 10% don't have VAT rates that are 10....
https://bsky.app/profile/nafnlaus.bsky.social/post/3llunjylbu22o
Spreadsheet provided!
https://bsky.app/profile/alexsaysstuff.bsky.social/post/3llucp5zqrc2j
They provide: a steady supply of alcoholics.
https://ustr.gov/countries-regions
Thanks!
Will grab laptop tomorrow and look in detail.
Tonight have newborn kittens.
https://bsky.app/profile/nafnlaus.bsky.social/post/3llunlfs7mc2o
Instead we're being singled out for special treatment because that's how things work in the White House these days.
Starting to look like a pattern
https://bsky.app/profile/stevenlandgraf.com/post/3lluiasmzxs27
https://ustr.gov/countries-regions/europe-middle-east/europe/european-union#:~:text=European%20Union%20Trade%20Summary&text=U.S%20goods%20imports%20from%20the,(%2426.9%20billion)%20over%202023.