HawkInsight

  • Contact Us
  • App
  • English

Market speculates that Trump's equivalent tariff calculation formula: trade deficit\u002F Total exports to the United States divided by 2"

According to online reports, famous financial journalist James Surowiecki issued an article saying that he had just figured out where these false tariff rates in the United States came from. They didn't actually calculate tariff rates + non-tariff barriers as they said they would. Instead, for each country, they simply divide the U.S. trade deficit with that country by the country's exports to the United States. So the United States has a trade deficit of US$17.9 billion with Indonesia, and its exports to the United States are US$28 billion, US$17.9/US$28 =64%(the United States imposes a 32% equivalent tariff on Indonesia). Trump claims this is the tariff rate imposed by Indonesia on the United States. What a ridiculous thing to do. Netizens found that similar calculation methods apply equally to the EU and Vietnam. (Jin Shi)

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More