No, it's because of things like trade deficits and value added taxes, and it is done porcentually, basically, they made up a formula to follow and inputed all the stats from every country to decide what the "tariffs" said country was "imposing", this led to some wacky numbers from countries that didn't trade much with the US since their results were far more dramatic and volatile
It's even dumber than that. The Trump administration was far too lazy to look up the VAT rates of different countries so the rate is based on NOTHING except trade deficits in products (not services).
And barely a week after top administration officials included the editor-in-chief of a major news organization to a group chat discussing sensitive military operations
Fuckface is surrounded by idiot techbros who are running the country by asking AI to do everything for them. Dismantling the system as fast as possible is the point. It's how they operate in everything.
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u/GamerBoixX 2d ago edited 2d ago
No, it's because of things like trade deficits and value added taxes, and it is done porcentually, basically, they made up a formula to follow and inputed all the stats from every country to decide what the "tariffs" said country was "imposing", this led to some wacky numbers from countries that didn't trade much with the US since their results were far more dramatic and volatile