3 ms·
> if the US imports $100 million worth of goods and services while exporting $50 million to a country, then the Trump Administration alleges that country levies
by croes 2y ago
> if the US imports $100 million worth of goods and services while exporting $50 million to a country, then the Trump Administration alleges that country levies a 50 percent tariff on the United States
The Trump Administration ignores the services and only looks at goods. So the base is already wrong.
- rusk 2y agoThey’re also rolling up local taxes like VAT as Tariffs it seems