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Americans were told by a simple tariffs. “Reward, that means they do to us, and we do it to them,” said President Donald Trump on Wednesday. “So simple, not simpler than that.”

Then the entire list of tarop in the nations went out, and it was done. . . is not simple. At least not to “easy to understand” meaning to the word.

Rates are based on US trade calculations representative of “tariffs imposed against US products”. But they do not come from any obvious rates that are actually imposed, as Paul Krugman is referred to.

So how did they turn these numbers in the first place? Done with a way of insanity! It’s a way that is not nonsensical, if it’s what we think.

Here’s what the White House and the Crack Team of Trade Investigators do: Take the US trade deficiency in a single country, and divide it to the total amount of goods imported from that country. Cut that percentage of half, and there is a “retetcal” tariff tariff in the US.

We will confirm these numbers * Numbers for the first 24 countries listed, which we have checked by hand because we also do not believe it and again We refuse to use AI for anything. KUDOS SA @orthonormalist and James Surowieckithat both accumulates it, more or less.

Let’s look at Bangladesh as an example. US imports $ 8.4bn of goods from Bangladesh in 2024that gives it a $ 6.2bn country’s trade disability. 6.2 divided by 8.4 is 0.738.

And what do you know? The White House says that the country “accuses” 74 percent “tariffs” against the US, “including money maneuvering and monetary obstacles”.

Attempting to assign a macro account of this calculation method is enough to make even a blood on the hack strategist cold.

Is the US. . . mean that all trade deficiencies are the result of unfair acts or money maneuvers? What about comparing advantage? David Ricardo certainly rotates his grave. What about bananas? They don’t grow in the US! Does this worry that some posters have this method When they asked the big llms about easy ways to inflict the tariffs? This is bananas.

Officers who are not recognized doubles the way of The New York Post:

The specified “tariff rate” half of the current unbalanced trade because “The President has a good kind of world,” said Trump Aide to say journalists.

“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 all cheating,” a white house official said, calling it “The most fair thing in the world.”

UPDATE: You can also find out what representative of US trade representation about Tariff calculations HERE. Short Story above: The White House wants to vegetate the US trade disability, it is. It’s not good for coffee or banana fans or other crops that don’t grow in the US.

Markets hated the news, for sure. The S & P 500 future has dropped 2.7 percent of the 10PM in New York. NASDAQ’s future fell to 3.4 percent. And here is Backoin Ethereum:

Anyway, let’s see how long it lasts, we think? There are some debate about what Legal authority The White House can gain To inflict tarko, and officials seem to choose all that can be used in Latest Executive Order: International economic economic power operates; national emergencies operate; and sections 604 and 301 at the Trade Act in 1974.

Arrival of the overall impact, many Bizarre numbers surrounded around. but Yale’s budget lab makes a great analysisAnd found the tariffs on Wednesday withholding the effective US rate in another 11.5 percentage of 22.5 percent, the highest level since 1909.

if Trading wars of real class warsIt’s a beautiful noise and a mess shot in the bow.

* The only differences we find in that group is Sri Lanka, with 87 percent instead of 88 percent, and what can be carved round. The next 24 countries are a little more messier, but can still be more or less mean by the lazy rounding, except Jordan, Tunisia and Kazakhstan, which is all in percentage point or two.