I think it's basically reciprocal adjusted for trade deficit, with a floor of 10%. So obviously you'll end up with 10% on all sorts of places where you actuall

I think it's basically reciprocal adjusted for trade deficit, with a floor of 10%. So obviously you'll end up with 10% on all sorts of places where you actually have a trade surplus and no tarrifs on your goods, or, yes, islands inhabited only by penguins.