I'm not commenting on whether the new tariffs are good or not, but the percentages in Trump's chart aren't what he labels in his chart as "tariffs charged to the USA". They are actually relative trade imbalance ratios, which is a pretty different thing. https://x.com/JamesSurowiecki/status/1907559189234196942
James Surowiecki (@JamesSurowiecki) on X
Just figured out where these fake tariff rates come from. They 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. So we




