Some dude appears to have reverse engineered the formula Trump is using to determine each country’s tariffs:
> trade_deficit_of_country_X / imports_from_country_X
The trade deficit of a given country is just imports minus exports. Example:
* US Imports from Vietnam: $136.6 bn
* US exports to Vietnam: $13.1 bn
* US trade deficit w/Vietnam: $136.6 - $13.1 = $123.5 bn
* $123.5 / $136.6 = 90% tariffs
This is one of the dumbest things I’ve ever seen, except for the fact that Taiwan's existence is acknowledged as a real country.
https://x.com/orthonormalist/status/1907545265818751037