this post was submitted on 02 Apr 2025
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chapotraphouse
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It's trade deficit divided by their exports.
What the fuck is with the "currency manipulation and trade barriers" explanation if it's that simply?
I hate these people.
They literally admitted it
“The numbers [for tariffs by country] have been calculated by the Council of Economic Advisers … based on the concept that the trade deficit that we have with any given country is the sum of all trade practices, the sum of all cheating,” a White House official said, calling it “the most fair thing in the world.”
This is the dumbest thing I've ever seen. It's like saying the 7-eleven is "cheating" because I buy more stuff from them than they buy from me.