Another Trump lie. It’s not reciprocal tariffs. It is the country’s trade deficit divided by its exports to the United States times 1/2.
“Knowing how these rates were calculated highlights that they are generally going to be most severe on the nations that US companies rely heavily upon in their supply chain,” O’Rourke said. “It is hard to imagine how these tariffs would not wreak havoc upon the profit margins of major multinational corporations.”
#USVoters #tarrifftax

https://www.cnn.com/2025/04/03/economy/reciprocal-tariff-math/index.html