3 ms·

Would be good to know - Who are the people coming up with these specific rates? How are they modeling this system?

by jdb47 2y ago

frogperson 2y ago
I am certain they didn't use any liberal math or science or history to arrive at these numbers. It's all just made up by incompetent yes men.
lsllc 2y ago
According to the BBC reporting, it appears that for each country he's charging 50% of the tariff they place on US goods coming into those countries, or a baseline of 10% for some countries like the UK. (sorry, this is a BBC live news ticker link): https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A3a34b977-a7be-4159-837c-40b082a54c72#post https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A3a34... And a picture of the chart they had showing the per-country tariffs: https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A7f78539b-dfc0-4b31-889d-8c28546949d9#post https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A7f78...
- lawlessone 2y ago
  its not tariffs Trump took the trade surplus the US has with those countries and calcuated the percentage from that.
  - lsllc 2y ago
    Interesting - I haven't seen that mentioned in any of the coverage, do you have a source for that?
    - aaron695 2y ago
      [dead]
    - ammo1662 2y ago
      A lot of comments have already mentioned that. You can also calculate it by yourself. For example, in 2024, the total value of US trade in goods with China was approximately $582.4 billion, comprising $143.5 billion in exports and $438.9 billion in imports. [0] (438.9-143.5)/438.9=67.3% [0] https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china https://ustr.gov/countries-regions/china-mongolia-taiwan/peo...
  - tempestn 2y ago
    The trade deficit the US has with those countries, or the surplus they have with the US, as a percentage of the country's total exports to the US. It's an incredibly simplistic calculation that definitely doesn't equate to the country's tariff rate.
cco 2y ago
It's trade deficit divided by total exports divided by 2.

Would be good to know - Who are the people coming up with these specific rates? How are they modeling this system?

by jdb47 2y ago

Would be good to know - Who are the people coming up with these specific rates? How are they modeling this system?

I am certain they didn't use any liberal math or science or history to arrive at these numbers. It's all just made up by incompetent yes men.

lsllc 2y ago

According to the BBC reporting, it appears that for each country he's charging 50% of the tariff they place on US goods coming into those countries, or a baseline of 10% for some countries like the UK. (sorry, this is a BBC live news ticker link): https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A3a34b977-a7be-4159-837c-40b082a54c72#post https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A3a34... And a picture of the chart they had showing the per-country tariffs: https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A7f78539b-dfc0-4b31-889d-8c28546949d9#post https://www.bbc.com/news/live/c1dr7vy39eet?post=asset%3A7f78...

lawlessone 2y ago
its not tariffs Trump took the trade surplus the US has with those countries and calcuated the percentage from that.
- lsllc 2y ago
  Interesting - I haven't seen that mentioned in any of the coverage, do you have a source for that?
  - aaron695 2y ago
    [dead]
  - ammo1662 2y ago
    A lot of comments have already mentioned that. You can also calculate it by yourself. For example, in 2024, the total value of US trade in goods with China was approximately $582.4 billion, comprising $143.5 billion in exports and $438.9 billion in imports. [0] (438.9-143.5)/438.9=67.3% [0] https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china https://ustr.gov/countries-regions/china-mongolia-taiwan/peo...
- tempestn 2y ago
  The trade deficit the US has with those countries, or the surplus they have with the US, as a percentage of the country's total exports to the US. It's an incredibly simplistic calculation that definitely doesn't equate to the country's tariff rate.

cco 2y ago

It's trade deficit divided by total exports divided by 2.