I find it funny than instead of at least imposing 10% tariff by default on Russia and selectively exempt critical resources. Russian wasn’t listed at all.

Even an unoccupied island got 10% tariff by default.

So US imposed tariff on penguins, but 0 on Russia!

Figured out where these fake tariff rates come from that Trump is claiming. 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 have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.

Copied from twitter from someone who’s suffering insomnia right now.

Figured out where these fake tariff rates come from that Trump is claiming. 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 have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is.

https://www.reddit.com/r/Thailand/comments/1jq32od/new_import_tariff_to_usa/ml4328d

Source of these trade deficit numbers is in https://www.reddit.com/r/Thailand/s/TKZ68gLs6z