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by lawlessone 443 days ago
its not tariffs

Trump took the trade surplus the US has with those countries and calcuated the percentage from that.

2 comments

The trade deficit the US has with those countries, or the surplus they have with the US, as a percentage of the country's total exports to the US.

It's an incredibly simplistic calculation that definitely doesn't equate to the country's tariff rate.

Interesting - I haven't seen that mentioned in any of the coverage, do you have a source for that?
A lot of comments have already mentioned that. You can also calculate it by yourself.

For example, in 2024, the total value of US trade in goods with China was approximately $582.4 billion, comprising $143.5 billion in exports and $438.9 billion in imports. [0]

(438.9-143.5)/438.9=67.3%

[0] https://ustr.gov/countries-regions/china-mongolia-taiwan/peo...