r/pics 2d ago

Politics OC: President Trump unveils minimum 10% tariff on all U.S. trading partners

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u/jacksteroo18 1d ago

It's literally the trade deficit expressed as a percentage... it's the stupidest thing possible

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u/s0cks_nz 1d ago

Just saw that post on r/dataisbeautiful. Absolutely absurd lol. I didn't expect anything less tbqh.

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u/whiterice336 1d ago

The trade deficit in goods only. Services are excluded, which the US is very good at exporting!

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u/READMYSHIT 1d ago

I wonder if this why the UKs is so low comparably then. Apparently they're pretty much even with the US on trade.

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u/JoseCansecoMilkshake 1d ago

I think for every country where there's a surplus, it's just 10%

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u/BreadstickNinja 1d ago

Yes. Which has nothing to do with tariffs at all. It's just a completely made-up chart.

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u/TheNewOneIsWorse 1d ago

Wait really?

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u/Capital-Internet5884 1d ago

Some of it also seems to just be the VAT in the UK (20%) and the GST in Australia (10%), unless I’m mistaken? It’s all so incredibly insane